-
(Underlying): $Archer Aviation Inc.(ACHR)$
-
(View): Cautiously Bullish (Short-term overbought momentum, targeting $6.50-$7.00 resistance, with potential for consolidation/pullback).
-
(Strategy Type): Debit Spread / Directional Bullish
-
(Option Contract Portfolio):
-
Buy 1 ACHR 15 May 2026 $6.00 Call @ $0.65 (ask)
-
Sell 1 ACHR 15 May 2026 $7.00 Call @ $0.21 (bid)
-
-
(Max Gain & Loss):
-
Max Gain: $0.56 per spread (($7.00 - $6.00) - $0.44 net debit) = $56 per spread.
-
Max Loss: $0.44 per spread (net debit paid) = $44 per spread.
-
-
(Initial Cost/Credit): Debit of ~$0.44 per spread.
-
(Greek Exposure) :
-
Delta: ~+0.36 (Positive, bullish)
-
Theta: ~-0.002 (Slightly negative, small time decay)
-
Vega: ~0.00 (Neutral to slightly negative, minimal volatility exposure)
-
Gamma: ~+0.01 (Low sensitivity to price acceleration)
-
Rho: ~+0.001 (Minimal interest rate sensitivity)
-
-
(Rationale): This strategy aligns with the bullish momentum and target of $6.50-$7.00, while managing risk and cost. The bull call spread defines maximum profit and loss. It benefits from a rise in price (positive Delta) while being less sensitive to the high Implied Volatility (IV) of 91.53% (near-zero Vega). The short $7.00 call helps finance the long call, reducing capital outlay and capping upside at the resistance zone, which is prudent given the overbought RSI (75.05) and expectation of consolidation. Theta is minimal, making it suitable for a short-term directional play.
-
(Time Frame): Short-term (1 week to expiry).
馃槏 Been eyeing Tiger merch but short on Tiger Coins? Now's your chance.
馃巵 We鈥檝e selected 4 high-demand items across practial, lifestyle, and learning, now with a lower redemption threshold!
Hot Merch Returns 路 Up to 43% Off
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products; any associated discussions, comments, or posts by the author or other users should not be considered as such either. It is solely for general information purposes only, which does not consider your own investment objectives, financial situations, or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information; investors should do their own research and may seek professional advice before investing.
Comments