High-rolling investors have positioned themselves bearish on Archer Aviation (NYSE: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 11 options trades for Archer Aviation. This is not a typical pattern.
The sentiment among these major traders is split, with 27% bullish and 54% bearish. Among all the options we identified, there was one put, amounting to $30,800, and 10 calls, totaling $350,395.
What's The Price Target?
Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $3.0 to $11.0 for Archer Aviation over the last 3 months.
Volume & Open Interest Trends
Examining the volume and open interest provides crucial insights into stock research. This information is key in gauging liquidity and interest levels for Archer Aviation's options at certain strike prices. Below, we present a snapshot of the trends in volume and open interest for calls and puts across Archer Aviation's significant trades, within a strike price range of $3.0 to $11.0, over the past month.
Archer Aviation Option Volume And Open Interest Over Last 30 Days
Biggest Options Spotted:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|---|---|---|---|---|---|---|---|---|---|---|
ACHR | CALL | TRADE | BEARISH | 04/17/25 | $2.6 | $2.5 | $2.5 | $8.00 | $52.7K | 6.6K | 385 |
ACHR | CALL | TRADE | BULLISH | 02/21/25 | $1.95 | $0.0 | $1.95 | $11.00 | $39.0K | 0 | 200 |
ACHR | CALL | SWEEP | NEUTRAL | 01/16/26 | $3.8 | $3.7 | $3.76 | $10.00 | $38.2K | 13.7K | 176 |
ACHR | CALL | SWEEP | BEARISH | 01/16/26 | $3.8 | $3.6 | $3.6 | $10.00 | $37.0K | 13.7K | 179 |
ACHR | CALL | TRADE | NEUTRAL | 01/17/25 | $3.6 | $3.4 | $3.5 | $5.00 | $35.0K | 33.1K | 9 |
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.
Where Is Archer Aviation Standing Right Now? Trading volume stands at 31,852,126, with ACHR's price up by 1.79%, positioned at $9.11. RSI indicators show the stock to be may be approaching overbought. Earnings announcement expected in 67 days. What The Experts Say On Archer Aviation
A total of 4 professional analysts have given their take on this stock in the last 30 days, setting an average price target 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 Cantor Fitzgerald keeps a Overweight rating on Archer Aviation with a target price of $13. * Maintaining their stance, an analyst from Deutsche Bank continues to hold a Buy rating for Archer Aviation, targeting a price of $15. * Consistent in their evaluation, an analyst from HC Wainwright & Co. keeps a Buy rating on Archer Aviation with a target price of $12.
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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