Moderna Unusual Options Activity For June 22

A whale with a lot of money to spend has taken a noticeably bullish stance on Moderna.

Looking at options history for Moderna MRNA we detected 12 strange trades.

If we consider the specifics of each trade, it is accurate to state that 66% of the investors opened trades with bullish expectations and 33% with bearish.

From the overall spotted trades, 4 are puts, for a total amount of $325,375 and 8, calls, for a total amount of $320,868.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $65.0 to $200.0 for Moderna over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Moderna options trades today is 850.78 with a total volume of 1,329.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Moderna's big money trades within a strike price range of $65.0 to $200.0 over the last 30 days.

Moderna Option Volume And Open Interest Over Last 30 Days

Options Call Chart

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MRNA PUT SWEEP BULLISH 06/21/24 $65.00 $126.6K 125 422
MRNA CALL SWEEP BULLISH 08/18/23 $120.00 $86.8K 80 111
MRNA PUT SWEEP BULLISH 06/23/23 $125.00 $78.0K 2.2K 156
MRNA PUT SWEEP BEARISH 10/20/23 $110.00 $77.2K 1.8K 124
MRNA PUT TRADE BULLISH 01/19/24 $160.00 $43.5K 1.3K 17

Where Is Moderna Standing Right Now?

  • With a volume of 1,764,740, the price of MRNA is down -1.46% at $119.3.
  • RSI indicators hint that the underlying stock may be approaching oversold.
  • Next earnings are expected to be released in 41 days.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Moderna, Benzinga Pro gives you real-time options trades alerts.

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Posted In: OptionsMarketsBZI-UOA
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