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Bullish flow in Archer Aviation with shares up 12.33%

Bullish flow in Archer Aviation (ACHR), with shares up $1.25, or 12.33%, near $11.44. Options volume nearly triple the daily average with 305k contracts traded and calls leading puts for a put/call ratio of 0.15, compared to a typical level near 0.35. Implied volatility (IV30) is higher by 5.4 points near 83.47,and below the 52wk median, suggesting an expected daily move of $0.60. Put-call skew flattened, suggesting a modestly bullish tone.

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