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Archer Aviation call volume above normal and directionally bullish

Bullish option flow detected in Archer Aviation (ACHR) with 39,333 calls trading, 4x expected, and implied vol increasing almost 6 points to 86.20%. 5/2 weekly 9 calls and Oct-25 9 calls are the most active options, with total volume in those strikes near 9,800 contracts. The Put/Call Ratio is 0.19. Earnings are expected on May 12th.

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