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Altimmune put volume heavy and directionally bearish

Altimmune put volume heavy and directionally bearish

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.

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