VKTX Forecast


Bullish Case: VKTX's positive Phase 2b results for VK2809 and strong safety profile, paired with the potential $100B obesity drug market, position it for significant upside.


Bearish Case: VKTX faces intense competition from heavyweight players like Novo Nordisk and Eli Lilly, and mean-reverting price action suggests potential for retracement.


Potential Outcomes: Hit $112+ (30%), retreat to $38-$50 (50%), unexpected regulatory/competitive setback to below $20 (20%).


Trading Oracle: Trade bullish call debit spreads expiring Dec 2024. Target $60 calls and $80 call hedges for optimal reward:risk. Leverage June implied vol. peaks (100%+) & hedge downside risk with $40 puts. High POP and potential >190% ROI.


June 27, 2024


Viking Therapeutics Forecast

VKTX      Viking Therapeutics











Correlated Assets

Assets that tend to move strongly with VKTX



TGT Forecast + Options Trading Strategies   TGT  Target (0.95)


VMC Forecast + Options Trading Strategies   VMC  Vulcan Materials (0.95)


MLM Forecast + Options Trading Strategies   MLM  Martin Marietta Materials (0.95)


PNR Forecast + Options Trading Strategies   PNR  Pentair (0.94)


CAT Forecast + Options Trading Strategies   CAT  Caterpillar (0.94)



Uncorrelated Assets

Assets with little price relationship to VKTX



EOG Forecast + Options Trading Strategies   EOG  EOG Resources (-0.0)


CTRA Forecast + Options Trading Strategies   CTRA  Coterra Energy (0.01)


LNTH Forecast + Options Trading Strategies   LNTH  Lantheus (-0.01)


LSCC Forecast + Options Trading Strategies   LSCC  Lattice Semiconductor (-0.01)


TEAM Forecast + Options Trading Strategies   TEAM  Atlassian (-0.02)



Anticorrelated Assets

Assets that tend to move strongly against VKTX



UVXY Forecast + Options Trading Strategies   UVXY  ProShares Ultra VIX Short-Term Futures (-0.87)


RWM Forecast + Options Trading Strategies   RWM  ProShares Trust - ProShares Short Russell2000 (-0.88)


CHTR Forecast + Options Trading Strategies   CHTR  Charter Communications (-0.89)


TZA Forecast + Options Trading Strategies   TZA  Direxion Daily Small Cap Bear 3X Shares (-0.9)


HUM Forecast + Options Trading Strategies   HUM  Humana (-0.94)





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