Bearish flow noted in Viking Therapeutics (VKTX) with 5,462 puts trading, or 4x expected. Most active are Aug-25 22.5 puts and 5/9 weekly 30 calls, with total volume in those strikes near 5,300 contracts. The Put/Call Ratio is 1.97, while ATM IV is up over 14 points on the day. Earnings are expected on July 23rd.
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