Aeva Technologies (AEVA) Surges 9.84% on Silicon Photonics Breakthrough in LiDAR Innovation – What’s Next for the Stock?

Summary
• Aeva Technologies (AEVA) rockets 9.84% to $16.96, hitting an intraday high of $17.00 amid sector-wide LiDAR innovation buzz.
• Voyant Photonics’ silicon photonics-based FMCW LiDAR technology sparks renewed interest in the sector, with AEVA’s options chain showing heightened volatility.
• The stock trades above its 200-day moving average of $14.82, with RSI at 77.38 and MACD crossing into bullish territory.

Aeva Technologies’ explosive intraday move reflects a broader shift in LiDAR technology dynamics. With Voyant Photonics’ silicon photonics breakthroughs and Aeva’s recent design win with a European automaker, the sector is recalibrating. Traders are now parsing technical levels and options data to gauge sustainability.

Silicon Photonics Reshapes LiDAR Landscape
Aeva’s 9.84% surge is directly tied to Voyant Photonics’ silicon photonics-based FMCW LiDAR advancements, which offer superior integration and performance over traditional ToF systems. The technology’s potential to disrupt automotive and robotics applications has reignited investor optimism. Additionally, Aeva’s recent design win with a European automaker for Level 3 autonomous driving underscores its strategic positioning. The stock’s breakout above key resistance levels aligns with renewed sector confidence.

LiDAR Sector Rebounds as Luminar (LAZR) Leads Rally
The LiDAR sector is experiencing a resurgence, with Luminar Technologies (LAZR) surging 13.04% intraday, outpacing AEVA’s move. Both stocks benefit from silicon photonics and FMCW LiDAR trends, but Luminar’s automotive partnerships and higher liquidity make it a sector bellwether. Aeva’s focus on silicon photonics integration and non-automotive applications positions it as a niche play within the broader rebound.

Options and ETFs to Capitalize on AEVA’s Volatility
• 200-day average: $14.82 (below current price); RSI: 77.38 (overbought); MACD: 0.38 (bullish); Bollinger Upper Band: $16.30 (near-term resistance).
• Key levels: 200D support at $13.15–$13.85; 30D support at $9.84–$10.00. A break above $17.00 could target $18.50, while a retest of $14.80 may trigger a pullback.
• Options focus: AEVA20251219C17.5 and AEVA20260417C15 offer high leverage and liquidity for short-term plays.

Top Option 1: AEVA20251219C17.5
• Code: AEVA20251219C17.5
• Type: Call
• Strike: $17.50
• Expiration: 2025-12-19
• IV: 124.66% (high volatility)
• Leverage: 15.42% (aggressive)
• Delta: 0.478 (moderate sensitivity)
• Theta: -0.1056 (rapid time decay)
• Gamma: 0.1199 (high sensitivity to price swings)
• Turnover: 7,634 (liquid)
• Payoff at 5% upside ($17.80): $0.30/share. This contract benefits from AEVA’s near-term momentum and high gamma, amplifying gains if the stock breaks above $17.50.

Top Option 2: AEVA20260417C15
• Code: AEVA20260417C15
• Type: Call
• Strike: $15.00
• Expiration: 2026-04-17
• IV: 116.33% (moderate)
• Leverage: 3.11% (conservative)
• Delta: 0.707 (high sensitivity)
• Theta: -0.0178 (slow decay)
• Gamma: 0.0294 (moderate sensitivity)
• Turnover: 8,063 (liquid)
• Payoff at 5% upside ($17.80): $2.80/share. This longer-dated option offers downside protection while capitalizing on AEVA’s potential to sustain above $15.00.

Action: Aggressive bulls may consider AEVA20251219C17.5 for a short-term breakout play, while AEVA20260417C15 suits a more conservative, time-insensitive position. Watch for a close above $17.00 to validate the bullish case.

Backtest Aeva Technologies Stock Performance
The backtest of AEVA's performance after a 10% intraday surge from 2022 to the present indicates positive short-to-medium-term gains. The 3-day win rate is 59.48%, the 10-day win rate is 66.38%, and the 30-day win rate is 68.10%, suggesting that the stock tends to perform well in the immediate aftermath of such events. The maximum return observed was 36.59% over 30 days, indicating that there is potential for significant price appreciation following the 10% surge.

AEVA’s Silicon Photonics Play: A High-Volatility Trade with Sector Synergy
Aeva Technologies’ 9.84% surge is a direct response to silicon photonics-driven LiDAR innovation and strategic design wins. The stock’s technicals and options data suggest a continuation of the rally if $17.00 holds. Luminar (LAZR)’s 13.04% gain reinforces sector momentum. Traders should monitor AEVA’s ability to sustain above $14.80 and watch for follow-through volume in the 2025-12-19 options. A break above $17.50 could trigger a wave of short-term call buying. Act now: Position in AEVA20251219C17.5 for a high-leverage, high-reward play, or AEVA20260417C15 for a longer-term, lower-risk bet.