Deep-pocketed investors have adopted a bullish approach towards Moderna MRNA, and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in MRNA usually suggests something big is about to happen.
We gleaned this information from our observations today when Benzinga's options scanner highlighted 10 extraordinary options activities for Moderna. This level of activity is out of the ordinary.
The general mood among these heavyweight investors is divided, with 50% leaning bullish and 20% bearish. Among these notable options, 6 are puts, totaling $540,601, and 4 are calls, amounting to $293,263.
What's The Price Target?
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $35.0 to $125.0 for Moderna over the recent three months.
Volume & Open Interest Development
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Moderna's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Moderna's whale trades within a strike price range from $35.0 to $125.0 in the last 30 days.
Moderna Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| MRNA | PUT | TRADE | NEUTRAL | 01/15/27 | $11.0 | $10.65 | $10.8 | $35.00 | $378.0K | 246 | 356 |
| MRNA | CALL | TRADE | NEUTRAL | 06/18/26 | $13.9 | $9.65 | $11.65 | $50.00 | $154.9K | 673 | 200 |
| MRNA | CALL | SWEEP | BULLISH | 06/18/26 | $13.9 | $11.7 | $11.7 | $50.00 | $78.3K | 673 | 67 |
| MRNA | PUT | SWEEP | BEARISH | 06/20/25 | $85.5 | $83.5 | $85.11 | $125.00 | $42.5K | 12 | 5 |
| MRNA | PUT | SWEEP | BULLISH | 02/21/25 | $3.45 | $3.35 | $3.35 | $35.00 | $35.1K | 3.1K | 109 |
About Moderna
Moderna is a commercial-stage biotech that was founded in 2010 and had its initial public offering in December 2018. The firm's mRNA technology was rapidly validated with its covid vaccine, which was authorized in the United States in December 2020. Moderna had 40 mRNA development candidates in clinical development as of September 2024. Programs span a wide range of therapeutic areas, including infectious disease, oncology, cardiovascular disease, and rare genetic diseases.
In light of the recent options history for Moderna, it's now appropriate to focus on the company itself. We aim to explore its current performance.
Moderna's Current Market Status
- With a volume of 3,730,832, the price of MRNA is up 1.79% at $40.27.
- RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
- Next earnings are expected to be released in 62 days.
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© 2024 Benzinga.com. Benzinga does not provide investment advice. All rights reserved.
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