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Bullish flow in Archer Aviation (ACHR), with shares up $1.05 (+8.65%) near $13.24

Options volume is extremely heavy, with 200k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.45. Implied volatility (IV30) rose 3.44 to 86.44,below the median, suggesting an expected daily move of $0.72. Put-call skew flattened, suggesting a modestly bullish tone.

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