Joby Stock Takes Flight After Deal With Blade Air Mobility

Core Insights - Joby Aviation Inc announced the acquisition of Blade Air Mobility's helicopter ride-share business for $125 million, leading to a significant increase in its stock price [1] - The stock price of JOBY rose by 16.8% to $20.04, reaching an all-time high of $20.45, and has shown a year-to-date increase of 146.2% [2] - Despite the stock's impressive performance, analysts remain bearish, with six out of nine analysts rating it as "hold" or worse, and 13% of the shares sold short [2] Company Performance - Joby Aviation's stock has experienced a notable increase, bouncing off the $16 level and achieving a year-to-date lead of 146.2% [2] - The stock's current trading volume is significantly higher than average, with 53,000 calls and 37,000 puts placed, indicating active trading interest [4] - The most active options contract is the weekly 8/8 20-strike call, with new positions being bought to open [4] Market Sentiment - Options traders are leaning bearish on Joby Aviation, as indicated by a high put/call volume ratio that ranks above 94% of readings from the past year [3] - The stock has a Schaeffer's Volatility Scorecard (SVS) of 83 out of 100, suggesting it has tended to outperform volatility expectations in recent months [4]