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Moderately bullish activity in Archer Aviation with shares up 1.04%

Moderately bullish activity in Archer Aviation (ACHR), with shares up 10c, or 1.04%, near $9.24. Options volume relatively light with 30k contracts traded and calls leading puts for a put/call ratio of 0.52, compared to a typical level near 0.48. Implied volatility (IV30) dropped 0.81 near 61.82,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.36. Put-call skew flattened, suggesting a modestly bullish tone.

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