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Altimmune call volume above normal and directionally bullish

Bullish option flow detected in Altimmune with 1,463 calls trading, 1.2x expected, and implied vol increasing over 1 point to 110.32%. Jun-24 20 calls and 5/3 weekly 7 puts are the most active options, with total volume in those strikes near 840 contracts. The Put/Call Ratio is 0.23. Earnings are expected on May 9th.

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