Moderately bullish activity in Archer Aviation (ACHR), with shares up 2c, or 0.14%, near $10.88. Options volume relatively light with 20k contracts traded and calls leading puts for a put/call ratio of 0.36, compared to a typical level near 0.35. Implied volatility (IV30) dropped 2.38 near 96.44,and above the 52wk median, suggesting an expected daily move of $0.66. Put-call skew flattened, suggesting a modestly bullish tone.Looking ahead: Archer Aviation (ACHR) will report earnings after the close on None.Option markets are pricing in a 50% probability of a move greater than 0.0% or $0.00.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ACHR:
- Morning News Wrap-Up: Wednesday’s Biggest Stock Market Stories!
- Archer Aviation (ACHR) Lands Los Angeles World Cup Deal and Expands Global Air Taxi Plans
- Archer Aviation (ACHR) Stock Sees 8.5% Upside as Canaccord Reiterates Buy after Patent Deal
- Korean Air Bets on Archer Aviation (ACHR) to Launch Electric Air Taxis in South Korea
- Moderately bullish activity in Archer Aviation with shares up 7.07%