Moderately bullish activity in Archer Aviation (ACHR), with shares down 10c near $8.49. Options volume relatively light with 23k contracts traded and calls leading puts for a put/call ratio of 0.39, compared to a typical level near 0.4. Implied volatility (IV30) is higher by 1.5 points near 73.6,in the bottom quartile of the past year, suggesting an expected daily move of $0.39. Put-call skew flattened, suggesting a modestly bullish tone.
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