Unpacking the Latest Options Trading Trends in Moderna
Portfolio Pulse from Benzinga Insights
Financial analysis reveals a bearish trend in options trading for Moderna (NASDAQ:MRNA), with 62% of trades showing bearish tendencies. The analysis highlighted 8 unusual trades, with a focus on a price range of $40.0 to $120.0 for Moderna over the last 3 months. The largest options trades include both calls and puts with varying sentiments and strike prices. Moderna, a commercial-stage biotech, has seen its stock price slightly decrease by -0.42%, with a current price of $94.66. Analyst ratings in the last month have varied, with an average target price of $100.67.

March 04, 2024 | 5:17 pm
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Moderna's options trading shows a bearish trend with a significant focus on a price range of $40-$120. The stock price has slightly decreased, and analyst ratings offer a mixed outlook with an average target price of $100.67.
The bearish trend in options trading, combined with the slight decrease in stock price and mixed analyst ratings, suggests a short-term negative impact on MRNA's stock price. The focus on a wide price range indicates significant market speculation.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100