Moderately bullish activity in Archer Aviation (ACHR), with shares up 80c, or 7.07%, near $12.04. Options volume relatively light with 122k contracts traded and calls leading puts for a put/call ratio of 0.33, compared to a typical level near 0.33. Implied volatility (IV30) dropped 1.33 near 101.95,and above the 52wk median, suggesting an expected daily move of $0.77. 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.
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