CMB Stock News Of The Day đ°đď¸đď¸đđ
- Yung Goonie
- Oct 20
- 2 min read
âBullish Options Activity Lifts Joby and Archer as eVTOL Investors Brush Off UAE Delayâđ¨
Shares of Joby Aviation climbed more than 5% early Monday as traders piled into bullish options bets following news that rival Archer Aviation is facing a delay in its UAE passenger flight certification.
According to a Bloomberg report, Archerâs certification review in the United Arab Emirates is taking longer than expected, pushing back its anticipated launch for commercial passenger flights. The company had previously targeted âlater this yearâ for its debut flights in the region, but that timeline has now quietly disappeared from its website â signaling a likely shift into 2026.
Despite the setback for Archer, sentiment across the electric vertical takeoff and landing (eVTOL) sector remained upbeat. Joby, a key competitor in the race to commercialize air taxis, saw unusually strong options activity â with more than 9,000 call contracts traded as of 10:15 a.m. ET. The dayâs put/call ratio of 0.14 was sharply below its 10-day average of 0.38, underscoring a surge in bullish sentiment.
Interestingly, Archer shares were also in the green, rising over 2% as of 10:19 a.m. ET, with investors seemingly undeterred by the certification delay. More than 28,000 call options changed hands â roughly four times the number of puts â reflecting confidence that the companyâs long-term prospects remain intact despite regulatory hurdles.
Both Joby and Archer are viewed as front-runners in the emerging urban air mobility market, where eVTOL aircraft promise to revolutionize short-distance travel with quiet, zero-emission flights. While certification and infrastructure challenges continue to slow progress, investor enthusiasm suggests growing conviction that commercial air taxi service is edging closer to takeoff â even if it takes a little longer than planned.


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