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Archer Aviation call volume above normal and directionally bullish

Bullish option flow detected in Archer Aviation (ACHR) with 43,902 calls trading, 2x expected, and implied vol increasing almost 4 points to 73.12%. 7/11 weekly 11 calls and 7/3 weekly 11 calls are the most active options, with total volume in those strikes near 11,800 contracts. The Put/Call Ratio is 0.16. Earnings are expected on August 7th.

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