ALTC Acquisition Corp call volume above normal and directionally bullish

Bullish option flow detected in ALTC Acquisition Corp with 2,139 calls trading, 1.3x expected, and implied vol increasing almost 5 points to 118.20%. Aug-24 10 calls and Sep-24 15 calls are the most active options, with total volume in those strikes near 1,400 contracts. The Put/Call Ratio is 0.13. Earnings are expected on August 13th.