Looking At Moderna's Recent Whale Trades

Someone with a lot of money to spend has taken a bullish stance on Moderna MRNA.

And retail traders should know.

We noticed this today when the big position showed up on publicly available options history that we track here at Benzinga.

Whether this is an institution or just a wealthy individual, we don't know. But when something this big happens with MRNA, it often means somebody knows something is about to happen.

So how do we know what this whale just did?

Today, Benzinga's options scanner spotted 13 uncommon options trades for Moderna.

This isn't normal.

The overall sentiment of these big-money traders is split between 53% bullish and 46%, bearish.

Out of all of the special options we uncovered, 8 are puts, for a total amount of $324,855, and 5 are calls, for a total amount of $223,146.

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 $130.0 to $250.0 for Moderna over the last 3 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 $130.0 to $250.0 in the last 30 days.

Moderna Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MRNA CALL SWEEP BULLISH 07/15/22 $140.00 $64.0K 837 173
MRNA PUT SWEEP NEUTRAL 06/17/22 $140.00 $58.6K 1.4K 49
MRNA CALL SWEEP BULLISH 06/17/22 $140.00 $56.0K 972 50
MRNA PUT SWEEP BEARISH 07/15/22 $135.00 $52.6K 497 377
MRNA CALL TRADE BEARISH 06/03/22 $145.00 $50.0K 158 105

Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
MRNA CALL SWEEP BULLISH 07/15/22 $140.00 $64.0K 837 173
MRNA PUT SWEEP NEUTRAL 06/17/22 $140.00 $58.6K 1.4K 49
MRNA CALL SWEEP BULLISH 06/17/22 $140.00 $56.0K 972 50
MRNA PUT SWEEP BEARISH 07/15/22 $135.00 $52.6K 497 377
MRNA CALL TRADE BEARISH 06/03/22 $145.00 $50.0K 158 105

Where Is Moderna Standing Right Now?

  • With a volume of 692,258, the price of MRNA is up 2.66% at $139.88.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 73 days.

What The Experts Say On Moderna:

  • Morgan Stanley has decided to maintain their Equal-Weight rating on Moderna, which currently sits at a price target of $199.
  • Piper Sandler has decided to maintain their Overweight rating on Moderna, which currently sits at a price target of $214.

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 {d[company_name]}, Benzinga Progives you real-time options trades alerts.

Posted In: BZI-UOAOptionsMarkets