Archer Aviation
Current trade in the eVTOL space. I intended to sell these contracts into volatility next month. News of a partnership with Southwest Airlines led to a pop, just not quite to my aspirational sell limit just yet. I will sell a portion on Monday, then continue to scale out at catalysts and ahead of earnings season. I chose Archer of Joby for a swing trade, but both are watchlisted. The business models are too young (and too far from profitability,) for shares just yet. As other speculative positions make good (or fail,) I will track this space. If ACHR continues to hit milestones next year, and eVTOLs continue to look promising for the 2030’s, I may start a small share position in the future. The equation is too waited towards risk, for now, though.
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It’s a beautiful day!
Former scientist, enthusiastic reader and student of capital markets. LT/s-trade/options/crypto
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