Bullish option flow detected in Archer Aviation (ACHR) with 45,090 calls trading, 1.9x expected, and implied vol increasing over 9 points to 84.54%. Jan-25 7 calls and Dec-24 6 calls are the most active options, with total volume in those strikes near 8,600 contracts. The Put/Call Ratio is 0.03. Earnings are expected on February 24th.
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Read More on ACHR:
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- Archer Aviation initiated with a Buy at Needham
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- Archer Aviation files to sell $70M of Class A common stock