Bullish option flow detected in Archer Aviation with 15,833 calls trading, 9x expected, and implied vol increasing over 20 points to 126.97%. Aug-23 7.5 calls and Jan-24 5 calls are the most active options, with total volume in those strikes near 8,000 contracts. The Put/Call Ratio is 0.12. Earnings are expected on August 9th.
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