Bullish option flow detected in Viking Therapeutics with 16,955 calls trading, 1.8x expected, and implied vol increasing over 9 points to 88.94%. 5/3 weekly 80 calls and May-24 100 calls are the most active options, with total volume in those strikes near 3,300 contracts. The Put/Call Ratio is 0.15. Earnings are expected on July 24th.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on VKTX:
- 3 Best Stocks to Buy Now, 4/30/2024, According to Top Analysts
- Biotech Alert: Searches spiking for these stocks today
- Viking Therapeutics management to meet virtually with Truist
- Viking Therapeutics reports Q1 EPS (26c), consensus (28c)
- Viking Therapeutics Reports First Quarter 2024 Financial Results and Provides Corporate Update