27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
- Viking Therapeutics Inc (NASDAQ:VKTX) has announced results from its Phase 1 trial of VK0214 in healthy volunteers.
- VK0214 demonstrated encouraging safety and tolerability at all doses, as well as a predictable pharmacokinetic (PK) profile.
- No serious adverse events were reported, and no treatment or dose-related trends were observed for vital signs, gastrointestinal effects, cardiovascular measures, or physical examinations.
- VK0214 demonstrated dose-dependent exposures, no evidence of accumulation following multiple doses.
- The results also showed that subjects who received VK0214 experienced reductions in low-density lipoprotein cholesterol (LDL-C), triglycerides, and apolipoprotein B following 14 days of treatment at all VK0214 doses.
- In addition to general lipid assessments, an evaluation of very-long-chain fatty acids (VLCFAs) was also performed.
- Despite relatively low baseline levels and the presence of a functional ABCD1 gene in healthy volunteers, VK0214 reduced VLCFA levels at all doses above 5 mg.
- Numerical improvements above 20% from baseline were observed.
- The company expects to initiate a Phase 1b study of VK0214 for X-linked adrenoleukodystrophy (X-ALD) in the coming weeks.
- X-ALD is a rare and often fatal metabolic disorder characterized by a breakdown in the protective barriers surrounding brain and nerve cells, a process known as demyelination.
- Price Action: VKTX shares are up 4.6% at $6.36 during the premarket trading session on the last check Thursday.
27% profit every 20 days?
This is what Nic Chahine averages with his option buys. Not selling covered calls or spreads… BUYING options. Most traders don’t even have a winning percentage of 27% buying options. He has an 83% win rate. Here’s how he does it.
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