Mixed options sentiment in Archer Aviation (ACHR), with shares down 50c near $8.44. Options volume running well above average with 82k contracts traded and calls leading puts for a put/call ratio of 0.1, compared to a typical level near 0.48. Implied volatility (IV30) dropped 1.0 near 82.33,and below the 52wk median, suggesting an expected daily move of $0.44. Put-call skew steepened, indicating increased demand for downside protection.
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