Bearish flow noted in Altimmune (ALT) with 1,259 puts trading, or 5x expected. Most active are Jun-25 6 puts and Feb-25 6.5 puts, with total volume in those strikes near 1,000 contracts. The Put/Call Ratio is 1.79, while ATM IV is up nearly 3 points on the day. Earnings are expected on March 12th.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALT: