Industrials
Archer Aviation Inc. (ACHR) options and signal
Figures as of 28 Sep 2026
ACHR is Archer Aviation Inc., an Industrials name the model ranks every trading day. The options figures are from the close on 28 Sep 2026. The model's figures are from 25 Sep 2026, one trading day behind the latest, as the Free plan shows them. Every model figure is paper trading.
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.
At a glance
| Figure | Value | Date |
|---|---|---|
| Trade Card | Bull call spread, 15 Jan | 25 Sep |
| IV rank | 2 of 100 | 28 Sep |
| At the money IV | 60.7% | 28 Sep |
| Priced move to 30 Oct | 16.8% down, 19.8% up | 28 Sep |
| Call wall and put wall | 7 and 5 | 28 Sep |
| Signal and the desk's view | Bullish signal, view bullish | 25 Sep |
| Last close | 5.20 | 28 Sep |
| Next report | 5 Nov 2026 | 28 Sep |
Trade Cards
On 25 Sep 2026 the Trade Card for ACHR was a bull call spread expiring 15 Jan 2027, paper trading.
| Figure | Value |
|---|---|
| Signal | Bullish, over 45 trading days |
| Strategy | Bull call spread, debit |
| Legs | Buy the 6 call, Sell the 7 call |
| Expiry | 15 Jan 2027, 112 days to expiry |
| Limit | A debit of at most $0.26 |
| Probability of profit | 40%, the option market's odds at expiry, from delta |
| Max loss | $26 per contract |
| Max profit | $74 per contract |
| Breakeven | 6.26 |
| IV rank at that expiry | 7 of 100 |
Probability of profit is the option market's own odds from delta, not the model's.
Priced on the option chain at the close on 25 Sep 2026.
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Options Snapshot
ACHR's IV rank is 2 of 100 on 28 Sep 2026.
| Figure | Value |
|---|---|
| IV rank | 2 of 100 |
| At the money IV | 60.7%, near month, 32 days |
| Put/call ratio, open interest | 0.29 |
| Call open interest, strikes captured near the price | 289,000 contracts |
| Put open interest, strikes captured near the price | 85,000 contracts |
| Cost to trade at the money | Fair, 17.0% of the option's mid price |
IV rank is where the at the money IV sits among ACHR's own weekly readings, 0 the lowest and 100 the highest.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Options Snapshot in RingMasterThe Options Snapshot guide
Priced Range
On 28 Sep 2026, ACHR options priced a move of 16.8 percent down and 19.8 percent up by 30 Oct 2026.
| Expiry | Days | Down | Up | Range |
|---|---|---|---|---|
| 2 Oct 2026 | 4 | 7.0% | 7.8% | 4.83 to 5.61 |
| 9 Oct 2026 | 11 | 10.2% | 11.5% | 4.67 to 5.80 |
| 16 Oct 2026 | 18 | 13.4% | 14.2% | 4.50 to 5.94 |
| 30 Oct 2026 | 32 | 16.8% | 19.8% | 4.33 to 6.23 |
| 6 Nov 2026 | 39 | 22.3% | 24.6% | 4.04 to 6.48 |
| 20 Nov 2026 | 53 | 23.7% | 24.6% | 3.97 to 6.48 |
| 16 Apr 2027 | 200 | 50.8% | 52.1% | 2.56 to 7.91 |
The range is one standard deviation either side of the close of 5.20, as the option prices imply it.
A priced move restates option prices at the close and says nothing certain about where the price goes.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Gamma Map
On 28 Sep 2026, ACHR's call wall is the 7 strike and its put wall is the 5 strike.
| Figure | Value |
|---|---|
| Call wall, most open call gamma | 7 |
| Put wall, most open put gamma | 5 |
| Flip strike, where net gamma changes sign | 5.43 |
| Net dollar gamma, calls minus puts | $761,916 |
| Total dollar gamma, both sides | $1.95 million |
| Close | 5.20 |
Dollar gamma is stated for a one percent move in the price.
Net is calls minus puts under the standard convention, not a record of who holds the contracts.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Volatility History
On 28 Sep 2026, ACHR's at the money IV is 60.7 percent against 20 day realized volatility of 51.1 percent.
| Figure | Value |
|---|---|
| At the money IV | 60.7% |
| Realized volatility, 20 trading days | 51.1% |
| Realized volatility, 60 trading days | 81.4% |
| IV against its own weekly record | Low, in the bottom fifth |
| Weekly readings on record | 226, from 1 Oct 2021 |
| Weeks the price moved more than the one week priced move | 24.0% of 225 weeks |
Realized volatility is worked out from the daily closes the desk holds, not from the option chain.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Volatility History in RingMasterThe Volatility History guide
Volatility Weather
On 28 Sep 2026, ACHR's at the money IV runs from 70.3 percent at 4 days to 70.5 percent at 200 days.
| Days to expiry | At the money IV |
|---|---|
| 4 | 70.3% |
| 11 | 61.7% |
| 18 | 61.7% |
| 25 | 57.2% |
| 32 | 60.7% |
| 39 | 71.0% |
| 53 | 64.5% |
| 200 | 70.5% |
Near and far expiries price about the same volatility, a flat term structure.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Volatility Weather in RingMasterThe Volatility Weather guide
Volatility Surface
On 28 Sep 2026, ACHR's surface spans 9 expiries out to 200 days, with IV from 59.2 to 74.1 percent near the price.
| Figure | Value |
|---|---|
| Expiries captured | 9 |
| Nearest expiry | 2 Oct 2026, 4 days |
| Farthest expiry | 16 Apr 2027, 200 days |
| Points within 10% of the price, 7 days out or more | 13 |
| Lowest IV among them | 59.2% |
| Highest IV among them | 74.1% |
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Volatility Surface in RingMasterThe Volatility Surface guide
Expiry Ladder
On 28 Sep 2026, ACHR has 9 captured expiries, from 2 Oct 2026 to 16 Apr 2027.
| Expiry | Days | At the money IV | Call open interest | Put open interest |
|---|---|---|---|---|
| 2 Oct 2026 | 4 | 70.3% | 9,633 | 4,809 |
| 9 Oct 2026 | 11 | 61.7% | 11,613 | 2,254 |
| 16 Oct 2026 | 18 | 61.7% | 54,354 | 22,079 |
| 23 Oct 2026 | 25 | 57.2% | 4,172 | 1,110 |
| 30 Oct 2026 | 32 | 60.7% | 2,651 | 1,515 |
| 6 Nov 2026 | 39 | 71.0% | 76 | 69 |
| 20 Nov 2026 | 53 | 64.5% | 9,179 | 1,217 |
| 15 Jan 2027 | 109 | 69.0% | 192,910 | 48,994 |
| 16 Apr 2027 | 200 | 70.5% | 3,956 | 2,998 |
Open interest is summed over the strikes captured near the price on each expiry.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Strike Table
On 28 Sep 2026, ACHR's largest open interest sits at the 7 strike, with 113,200 contracts across the captured expiries.
| Strike | Call open interest | Put open interest | Total |
|---|---|---|---|
| 7 | 99,640 | 13,560 | 113,200 |
| 6 | 49,282 | 13,765 | 63,047 |
| 10 | 53,710 | 4,052 | 57,762 |
| 5 | 24,344 | 28,629 | 52,973 |
| 8 | 16,917 | 1,309 | 18,226 |
| 9 | 17,310 | 465 | 17,775 |
From the option chain at the close on 28 Sep 2026. Current on every plan.
Since Yesterday
From 25 Sep 2026 to 28 Sep 2026, ACHR's at the money IV moved from 63.6 percent to 60.7 percent.
| Figure | 25 Sep | 28 Sep | Change |
|---|---|---|---|
| At the money IV | 63.6% | 60.7% | -2.9 points |
| Open interest, strikes captured near the price | 394,727 | 373,589 | -21,138 |
| Put/call ratio, open interest | 0.27 | 0.29 | +0.02 |
Open interest changes cannot identify buyers or sellers.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Changed Hands
On 28 Sep 2026, 41,144 ACHR option contracts traded, 1.2 times its own recent average.
| Figure | Value |
|---|---|
| Calls traded | 29,069 |
| Puts traded | 12,075 |
| Against its recent average | 1.2 times |
| Busier than | 16 of its last 20 trading days |
| Open interest, whole chain | 571,958 contracts |
| Volume to open interest | 0.07 |
| Unusual volume flag | Yes, 3 contracts traded well above open interest |
| Largest flagged contract | The 5 put expiring 2 Oct, 5,058 traded against 1,137 open |
Traded volume and open interest are shown side by side and never combined. Open interest changes cannot identify buyers or sellers.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Positioning Replay
The replay holds 33 trading days of ACHR's option positioning, from 11 Aug 2026 to 28 Sep 2026.
| Date | Close | Net dollar gamma | Top call strike | Top put strike |
|---|---|---|---|---|
| 11 Aug 2026 | 6.79 | $2.25 million | 7 | 6 |
| 21 Sep 2026 | 5.43 | $154,331 | 6 | 5 |
| 28 Sep 2026 | 5.20 | $761,916 | 7 | 5 |
Each frame restates one nightly capture. Net is calls minus puts, a convention, not who holds the contracts.
From the option chain at the close on 28 Sep 2026. Current on every plan.
Open Positioning Replay in RingMasterThe Positioning Replay guide
Read-out
On 25 Sep 2026 the desk's view of ACHR was bullish, paper trading.
| Figure | Value |
|---|---|
| Side | Bullish at 45 trading days, signal on |
| Level above the close | 5.35, the swing high of 10 Sep 2026 |
| Level below the close | 5.12, the swing low of 16 Sep 2026, a close past it runs against the view |
| The chart | Sits against the view |
| Strategy family | Bull call spread (buy a call spread) |
| Price target | None. The desk has no price model. |
The levels are prices the shares turned at on the chart, with the date of each.
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Rank by Timeframe
On 25 Sep 2026 ACHR sat at the 96th percentile of the model's 45 trading day ranking, paper trading.
| Timeframe | Percentile | Side |
|---|---|---|
| 10 trading days | 62 of 100 | Neutral |
| 20 trading days | 78 of 100 | Neutral |
| 45 trading days | 96 of 100 | Bullish |
100 is the top of the ranking. A name in the middle three fifths is neutral.
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Open Rank by Timeframe in RingMasterThe Rank by Timeframe guide
Timeframe Agreement
On 25 Sep 2026, 1 of 3 timeframes put ACHR on the bullish side, paper trading.
| Group | Timeframes | Side | On that side |
|---|---|---|---|
| Near | 10 day, 20 day | Neutral | 0 of 2 |
| Long | 45 day | Bullish | 1 of 1 |
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Open Timeframe Agreement in RingMasterThe Timeframe Agreement guide
Signal History
On 25 Sep 2026 ACHR's bullish signal began that trading day, paper trading.
| Trading day | Signal | 45 day percentile |
|---|---|---|
| 25 Sep 2026 | Bullish | 96 of 100 |
| 24 Sep 2026 | None | 67 of 100 |
| 23 Sep 2026 | None | 38 of 100 |
| 22 Sep 2026 | None | 47 of 100 |
| 21 Sep 2026 | None | 59 of 100 |
| 18 Sep 2026 | None | 60 of 100 |
| 17 Sep 2026 | None | 81 of 100 |
| 16 Sep 2026 | None | 73 of 100 |
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Sector Split
On 25 Sep 2026, 51 of 147 Industrials names were bullish and 37 were bearish, paper trading.
| Sector | Names | Bullish | Bearish | Neutral |
|---|---|---|---|---|
| Industrials | 147 | 51 | 37 | 59 |
Paper trading. The model's figures from 25 Sep 2026, one trading day behind, as the Free plan shows them.
Price Chart
ACHR closed at 5.20 on 28 Sep 2026.
| Figure | Value |
|---|---|
| Last close | 5.20 |
| Change over 5 trading days | -4.2% |
| Change over 21 trading days | -12.3% |
| Change over 63 trading days | +11.1% |
| Change over 252 trading days | -44.3% |
| 52 week high | 14.62 |
| 52 week low | 4.30 |
| 20 day moving average | 5.55 |
| 50 day moving average | 5.61 |
| 200 day moving average | 6.27 |
| RSI, 14 days | 41 |
Worked out from the desk's own daily bars, adjusted for share splits.
From the daily bars through 28 Sep 2026. Current on every plan.
Earnings Radar
ACHR reports next on 5 Nov 2026, a date worked out from past quarters.
| Figure | Value |
|---|---|
| Next report | 5 Nov 2026, after the close |
| Date | Worked out from past quarters |
| Move after the report of 10 Aug 2026 | +8.5% |
| Move after the report of 11 May 2026 | -2.3% |
| Move after the report of 2 Mar 2026 | -10.6% |
| Move after the report of 6 Nov 2025 | -7.9% |
Earnings calendar as of 28 Sep 2026. Current on every plan.
Company Events
ACHR filed 1 current report in the 14 days to 28 Sep 2026, the latest on 24 Sep 2026.
| Filed | Report | What it covers |
|---|---|---|
| 24 Sep 2026 | Current report | Regulation FD Disclosure |
Filings as of 28 Sep 2026. Current on every plan.
Seasonality
In the 5 Septembers on record, ACHR's average change was minus 13.7 percent, and it rose in 20.0 percent of them.
| Month | Average change | Middle change | Share of years up | Years |
|---|---|---|---|---|
| September | -13.7% | -11.2% | 20.0% | 5 |
| October | -2.3% | +4.0% | 60.0% | 5 |
| November | +39.0% | +8.1% | 60.0% | 5 |
Each figure is a month end to month end change in past years. A past month says nothing certain about the next one.
Monthly history through 28 Sep 2026. Current on every plan.
Headlines
The desk's news feeds carried 1 headline naming ACHR in the 3 days to 28 Sep 2026.
| Figure | Value |
|---|---|
| Headlines in the window | 1 |
| Latest | 26 Sep 2026 |
The titles are in the Headlines window, with the time each was published.
Headlines as of 28 Sep 2026. Current on every plan.
Questions
- What is ACHR's IV rank?
- ACHR's IV rank is 2 of 100 on 28 Sep 2026.
- What move are ACHR options pricing?
- On 28 Sep 2026, ACHR options priced a move of 16.8 percent down and 19.8 percent up by 30 Oct 2026.
- Where are ACHR's call wall and put wall?
- On 28 Sep 2026, ACHR's call wall is the 7 strike and its put wall is the 5 strike.
- What was the latest Trade Card for ACHR on the Free plan?
- On 25 Sep 2026 the Trade Card for ACHR was a bull call spread expiring 15 Jan 2027, paper trading.
- When does ACHR report earnings next?
- ACHR reports next on 5 Nov 2026, a date worked out from past quarters.
More Industrials names
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- LUNR, Intuitive Machines, Inc.
Guides and the full list
- Every covered stock, fund and index, A to Z
- Reading the options suite
- Options for beginners
- How Trade Cards work
- Words the desk uses
Membership gets tonight's signals the night they publish. Free gets every options screen, never delayed, and the signals one trading day behind.