Bullish option flow detected in Archer Aviation (ACHR) with 62,631 calls trading, 2x expected, and implied vol increasing over 2 points to 120.01%. 2/14 weekly 10 calls and 2/14 weekly 9.5 calls are the most active options, with total volume in those strikes near 17,600 contracts. The Put/Call Ratio is 0.28. Earnings are expected on February 27th.
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Read More on ACHR:
- Archer Aviation price target lowered to $13 from $14 at Canaccord
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- Archer Aviation call volume above normal and directionally bullish