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Archer Aviation call volume above normal and directionally bullish

Bullish option flow detected in Archer Aviation with 3,249 calls trading, 3x expected, and implied vol increasing almost 2 points to 111.81%. Jan-24 10 calls and Sep-23 10 calls are the most active options, with total volume in those strikes near 1,500 contracts. The Put/Call Ratio is 0.25. Earnings are expected on November 9th.

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