Moderately bullish activity in Archer Aviation (ACHR), with shares up 36c, or 4.3%, near $8.61. Options volume roughly in line with average with 37k contracts traded and calls leading puts for a put/call ratio of 0.42, compared to a typical level near 0.51. Implied volatility (IV30) is higher by 1.4 points near 64.03,in the lowest 10% of observations over the past year, suggesting an expected daily move of $0.35. Put-call skew steepened, indicating increased demand for downside protection.
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