Moderately bullish activity in Archer Aviation (ACHR), with shares down 28c near $8.18. Options volume relatively light with 19k contracts traded and calls leading puts for a put/call ratio of 0.43, compared to a typical level near 0.52. Implied volatility (IV30) is higher by 0.8 points near 62.83,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.32. Put-call skew flattened, suggesting a modestly bullish tone.
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