ALTC Acquisition Corp call volume above normal and directionally bullish

Bullish option flow detected in ALTC Acquisition Corp with 42,146 calls trading, 60x expected, and implied vol increasing almost 17 points to 111.82%. Sep-24 7.5 calls and Oct-24 10 calls are the most active options, with total volume in those strikes near 26,400 contracts. The Put/Call Ratio is 0.03. Earnings are expected on November 7th.