Moderately bullish activity in Archer Aviation (ACHR), with shares up 36c, or 3.62%, near $10.16. Options volume running well above average with 110k contracts traded and calls leading puts for a put/call ratio of 0.11, compared to a typical level near 0.36. Implied volatility (IV30) is higher by 2.6 points near 78.36,and below the 52wk median, suggesting an expected daily move of $0.50. Put-call skew steepened, indicating increased demand for downside protection.
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