Trade Ideas
UOA PRO New Trade Idea ACHR 8-10
6,950 14August 6.50 calls bought for 0.33 to 0.50 above open interest of 3,905 contracts. EPS 08/10 after close. Stock 6.26-6.58.
New Trade Idea
Ticker: ACHR
Stock: 6.59
Trigger: 6.79
Expiration Date: 28AUG
UOA: 6,950 14August 6.50 calls bought for 0.33 to 0.50 above open interest of 3,905 contracts. EPS 08/10 after close. Stock 6.26-6.58.
ACHR $6.62 Last.
Sizeable front week ATM call buy, stock has news out that’s being received well. Charts looking better and better but it is still in the grips of an LT downtrend.
Share Statistics
Avg Vol (3 month) 3 42.47M
Avg Vol (10 day) 3 28.45M
Shares Outstanding 5 762.86M
Implied Shares Outstanding 6 762.86M
Float 8 639.23M
% Held by Insiders 1 14.94%
% Held by Institutions 1 49.87%
Shares Short (7/15/2026) 4 95.1M
Short Ratio (7/15/2026) 4 2.64
Short % of Float (7/15/2026) 4 14.36%
Short % of Shares Outstanding (7/15/2026) 4 12.47%
Shares Short (prior month 6/15/2026) 4 123.33M
Trigger: $6.79, 200 SMA.
Strategy 1: Consider the ACHR 28Aug. 6.00 calls for $1.10 projected at trigger level today. Time is reasonable here.
Targets: 7.09, 7.47, 8.29, 8.81, 9.58, 9.88