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Bullish flow in Archer Aviation with shares up 3.42%

Bullish flow in Archer Aviation (ACHR), with shares up 38c, or 3.42%, near $11.64. Options volume running well above average with 143k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.26. Implied volatility (IV30) is higher by 2.8 points near 95.28,and above the 52wk median, suggesting an expected daily move of $0.70. Put-call skew flattened, suggesting a modestly bullish tone.

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