High-rolling investors have positioned themselves bearish on Archer Aviation ACHR, and it's important for retail traders to take note. \This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in ACHR often signals that someone has privileged information.
Today, Benzinga's options scanner spotted 10 options trades for Archer Aviation. This is not a typical pattern.
The sentiment among these major traders is split, with 40% bullish and 50% bearish. Among all the options we identified, there was one put, amounting to $28,000, and 9 calls, totaling $405,742.
Expected Price Movements
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $5.0 to $10.0 for Archer Aviation during the past quarter.
Insights into Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
This data can help you track the liquidity and interest for Archer Aviation's options for a given strike price.
Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Archer Aviation's whale activity within a strike price range from $5.0 to $10.0 in the last 30 days.
Archer Aviation Option Volume And Open Interest Over Last 30 Days
Largest Options Trades Observed:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| ACHR | CALL | SWEEP | BEARISH | 01/15/27 | $6.5 | $6.2 | $6.2 | $5.00 | $62.0K | 4.9K | 112 |
| ACHR | CALL | TRADE | BEARISH | 01/16/26 | $5.9 | $5.6 | $5.7 | $5.00 | $57.0K | 18.7K | 127 |
| ACHR | CALL | SWEEP | BULLISH | 01/17/25 | $2.6 | $2.45 | $2.6 | $7.50 | $52.0K | 0 | 400 |
| ACHR | CALL | TRADE | BEARISH | 01/16/26 | $4.7 | $4.4 | $4.49 | $7.00 | $51.6K | 13.3K | 162 |
| ACHR | CALL | SWEEP | BULLISH | 01/17/25 | $2.55 | $2.3 | $2.55 | $7.50 | $51.0K | 0 | 200 |
About Archer Aviation
Archer Aviation Inc advances the benefits of sustainable air mobility. The company is engaged in designing and developing a fully electric vertical takeoff and landing eVTOL aircraft for use in UAM networks. It is creating an electric airline that moves people throughout cities in a quick, safe, sustainable, and cost-effective manner.
After a thorough review of the options trading surrounding Archer Aviation, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Where Is Archer Aviation Standing Right Now?
- Currently trading with a volume of 12,846,103, the ACHR's price is up by 1.37%, now at $9.62.
- RSI readings suggest the stock is currently may be approaching overbought.
- Anticipated earnings release is in 63 days.
Expert Opinions on Archer Aviation
4 market experts have recently issued ratings for this stock, with a consensus target price of $12.875.
Turn $1000 into $1270 in just 20 days?
20-year pro options trader reveals his one-line chart technique that shows when to buy and sell. Copy his trades, which have had averaged a 27% profit every 20 days. Click here for access. * An analyst from Canaccord Genuity has decided to maintain their Buy rating on Archer Aviation, which currently sits at a price target of $11. * Consistent in their evaluation, an analyst from HC Wainwright & Co. keeps a Buy rating on Archer Aviation with a target price of $12. * An analyst from Cantor Fitzgerald persists with their Overweight rating on Archer Aviation, maintaining a target price of $13. * Consistent in their evaluation, an analyst from Deutsche Bank keeps a Buy rating on Archer Aviation with a target price of $15.
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Archer Aviation with Benzinga Pro for real-time alerts.
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