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Altimmune call volume above normal and directionally bullish

Bullish option flow detected in Altimmune (ALT) with 11,726 calls trading, 1.7x expected, and implied vol increasing over 24 points to 161.15%. 12/12 weekly 5.5 calls and Dec-25 6 calls are the most active options, with total volume in those strikes near 4,000 contracts. The Put/Call Ratio is 0.36. Earnings are expected on February 26th.

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