Financial giants have made a conspicuous bullish move on Moderna. Our analysis of options history for Moderna (NASDAQ:MRNA) revealed 8 unusual trades.

Delving into the details, we found 62% of traders were bullish, while 37% showed bearish tendencies. Out of all the trades we spotted, 3 were puts, with a value of $148,500, and 5 were calls, valued at $787,414.

What's The Price Target?

After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $90.0 and $120.0 for Moderna, spanning the last three months.

Volume & Open Interest Development

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 $90.0 to $120.0 in the last 30 days.

Moderna Call and Put Volume: 30-Day Overview

Noteworthy Options Activity:

About Moderna

Moderna's Current Market Status

• With a volume of 915,430, the price of MRNA is down -0.64% at $107.88.
• RSI indicators hint that the underlying stock may be overbought.
• Next earnings are expected to be released in 49 days.

What Analysts Are Saying About Moderna

In the last month, 1 experts released ratings on this stock with an average target price of $142.0.

• An analyst from Oppenheimer has elevated its stance to Outperform, setting a new price target at $142.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Moderna options trades with real-time alerts from Benzinga Pro.