Moderately bullish activity in Archer Aviation (ACHR), with shares up 26c, or 2.83%, near $9.26. Options volume running well above average with 79k contracts traded and calls leading puts for a put/call ratio of 0.17, compared to a typical level near 0.46. Implied volatility (IV30) is higher by 1.0 points near 71.24,in the bottom quartile of the past year, suggesting an expected daily move of $0.42. Put-call skew steepened, indicating increased demand for downside protection.
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