Whales are big investors who are interested in Viking Therapeutics, a company that works on treatments for metabolic and endocrine disorders. They are buying and selling options, which are contracts that give them the right to buy or sell stocks at a certain price and time. Most of the big investors are expecting the stock price of Viking Therapeutics to go up, so they are buying calls, which are options to buy stocks at a lower price than the current market price. Some of them are also selling puts, which are options to sell stocks at a higher price than the current market price, to collect money from other investors who think the stock price will go down. The options market shows that the big investors are expecting the stock price of Viking Therapeutics to be between $20 and $100 in the next three months. Some analysts also have opinions on the stock, with some thinking it will go up and others thinking it will stay the same or go down. Read from source...
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Bearish
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