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ALTC Acquisition Corp call volume above normal and directionally bullish

Bullish option flow detected in ALTC Acquisition Corp with 50,575 calls trading, 12x expected, and implied vol increasing almost 22 points to 153.38%. Oct-24 15 calls and Oct-24 17.5 calls are the most active options, with total volume in those strikes near 12,500 contracts. The Put/Call Ratio is 0.09. Earnings are expected on November 7th.

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