Investors with a lot of money to spend have taken a bearish stance on Moderna (NASDAQ:MRNA).
And retail traders should know.
We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.
Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with MRNA, it often means somebody knows something is about to happen.
Today, Benzinga's options scanner spotted 13 options trades for Moderna.
This isn't normal.
The overall sentiment of these big-money traders is split between 46% bullish and 53%, bearish.
Out of all of the options we uncovered, there was 1 put, for a total amount of $43,750, and 12, calls, for a total amount of $888,206.
Projected Price Targets
Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $20.0 to $60.0 for Moderna over the recent three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.
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 activity within a strike price range from $20.0 to $60.0 in the last 30 days.
Moderna Option Activity Analysis: Last 30 Days
Noteworthy Options Activity:
About Moderna
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.
Present Market Standing of Moderna
- With a trading volume of 3,544,180, the price of MRNA is up by 8.89%, reaching $39.08.
- Current RSI values indicate that the stock is may be approaching overbought.
- Next earnings report is scheduled for 29 days from now.
What The Experts Say On Moderna
Over the past month, 2 industry analysts have shared their insights on this stock, proposing an average target price of $67.0.
Unusual Options Activity Detected: Smart Money on the Move
Trading options involves greater risks but also offers the potential for higher profits. Savvy traders mitigate these risks through ongoing education, strategic trade adjustments, utilizing various indicators, and staying attuned to market dynamics. Keep up with the latest options trades for Moderna with Benzinga Pro for real-time alerts.
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