Alliant Techsystems (ATK) sees a bullish 3-legged trade Thursday, as 1,250 February $75/$80 put spreads are sold for $1.20 to help finance the purchase of 1,250 February $90 calls for a net debit of $1. Shares have pulled back in recent days after posting great earnings and running higher on big volume recently, but this low volume pullback looks healthy. The military ammunition, weapon, and vehicle supplier trades just 9.45X earnings, 0.59X sales, and 12.5X cash flow.