Moderna Unusual Options Activity For October 03
Portfolio Pulse from Benzinga Insights
A significant bullish stance on Moderna (NASDAQ:MRNA) has been observed through unusual options activity. The sentiment among these big-money traders is split between 58% bullish and 41% bearish. The whales have been targeting a price range from $90.0 to $120.0 for Moderna over the last 3 months. Argus Research has maintained their Buy rating on Moderna, with a price target of $140.
October 03, 2023 | 7:01 pm
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Unusual options activity indicates a significant bullish stance on Moderna. The sentiment among these traders is split, with a slight lean towards bullish. Argus Research maintains a Buy rating with a price target of $140.
The unusual options activity, with a significant amount of money involved, indicates that some investors are expecting a positive movement in Moderna's stock. This, combined with Argus Research maintaining their Buy rating and a price target of $140, suggests a positive short-term impact on the stock.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100