Viking Therapeutics Option Alert: Aug 18 $26 Calls Sweep (12) near the Ask: 439 @ $0.8 vs 1839 OI; Earnings 7/26 After Close [est] Ref=$19.54
Portfolio Pulse from Charles Gross
Viking Therapeutics (VKTX) sees a sweep of 439 Aug 18 $26 calls near the ask price of $0.8, compared to 1839 open interest. Earnings are expected on 7/26 after market close.
June 26, 2023 | 1:51 pm
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Viking Therapeutics experiences a sweep of 439 Aug 18 $26 calls at $0.8, indicating bullish sentiment ahead of earnings announcement on 7/26.
The sweep of 439 Aug 18 $26 calls at $0.8 indicates that investors are bullish on Viking Therapeutics (VKTX) ahead of its earnings announcement on 7/26. This could lead to a short-term increase in the stock price as more investors buy into the bullish sentiment.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100