Bearish flow noted in Altimmune (ALT) with 7,883 puts trading, or 15x expected. Most active are 2/28 weekly 6 puts and Feb-25 6 puts, with total volume in those strikes near 6,700 contracts. The Put/Call Ratio is 3.55, while ATM IV is up over 4 points on the day. Earnings are expected on February 27th.
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