Pre-earnings options volume in Viking Therapeutics (VKTX) is 1.8x normal with calls leading puts 19:4. Implied volatility suggests the market is anticipating a move near 8.5%, or $2.24, after results are released. Median move over the past eight quarters is 7.8%.
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Read More on VKTX:
- Viking Therapeutics price target lowered to $100 from $164 at Oppenheimer
- VKTX Earnings Report this Week: Is It a Buy, Ahead of Earnings?
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- H.C. Wainwright still expects Viking to ‘differentiate’ after Lilly data
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