A Closer Look at Moderna's Options Market Dynamics
Portfolio Pulse from Benzinga Insights
A significant bearish sentiment has been observed in Moderna's (NASDAQ:MRNA) options market, with a notable volume of put options compared to calls. Benzinga's options scanner revealed 16 unusual options trades, indicating a split sentiment of 31% bullish and 68% bearish among big-money traders. The focus is on a price range between $80.0 and $120.0 for Moderna, with the largest trades showing a mix of sentiments. Moderna's stock is currently down 4.0% at $107.14, with upcoming earnings expected in 22 days.
April 10, 2024 | 8:15 pm
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Moderna has seen a bearish sentiment in its options market, with a significant volume of put options. The stock is currently down, and upcoming earnings could influence its short-term price movement.
The bearish sentiment in the options market, combined with the current downward trend in stock price and the anticipation of upcoming earnings, suggests a potential short-term negative impact on MRNA's stock price. The significant volume of put options indicates that investors are preparing for or expecting a decrease in the stock's value.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100