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Altimmune call volume above normal and directionally bullish

Bullish option flow detected in Altimmune with 2,814 calls trading, 1.3x expected, and implied vol increasing almost 5 points to 109.17%. 5/3 weekly 6.5 calls and Jun-24 20 calls are the most active options, with total volume in those strikes near 1,600 contracts. The Put/Call Ratio is 0.05. Earnings are expected on May 9th.

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