Group 1 - AeroVironment Inc. secured a contract worth $874.26 million with the U.S. army for unmanned aerial systems and counter-UAS systems, contributing to a 1.8% increase in share price to $287.61 [1] - The stock has experienced a decline from its record high of $417.86 on October 9, but remains up 83.5% year-to-date, with support around the $260 level [2] - The company's 50-day put/call volume ratio is higher than 99% of readings from the past year, indicating potential for an unwinding of pessimism and additional upward momentum for the stock [3] Group 2 - Today's options activity shows 1,563 calls traded, which is double the typical volume, with the December 280 put being the most popular among new positions [4] - The security has historically exceeded options traders' volatility expectations, as indicated by a Schaeffer's Volatility Scorecard (SVS) rating of 99 out of 100 [4]
AeroVironment Stock Jumps on $874 Million U.S Army Deal