Altimmune call volume above normal and directionally bullish
The Fly

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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