Bullish option flow detected in Altimmune with 6,345 calls trading, 1.5x expected, and implied vol increasing over 1 point to 94.40%. 8/30 weekly 8 calls and 8/30 weekly 7.5 calls are the most active options, with total volume in those strikes near 2,400 contracts. The Put/Call Ratio is 0.16. Earnings are expected on November 5th.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on ALT:
- Altimmune call volume above normal and directionally bullish
- David Drutz to Exit Altimmune Board at Next Annual Meeting
- B. Riley remains buyer of Altimmune into conference updates
- Altimmune reports Q2 EPS (35c), consensus (34c)
- Altimmune Announces Second Quarter 2024 Financial Results and Provides a Business Update