Moderna Unusual Options Activity For October 22
Portfolio Pulse from Benzinga Insights
Unusual options activity for Moderna (NASDAQ:MRNA) shows a bullish sentiment among investors, with 61% of trades being bullish. The stock is currently trading at $53.22, down by 1.08%, and analysts have set a price target of $55.0. The RSI suggests the stock may be oversold.
October 22, 2024 | 3:45 pm
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Moderna's options activity indicates a bullish sentiment with 61% of trades being bullish. The stock is currently trading at $53.22, slightly down, with a price target of $55.0. RSI suggests it may be oversold.
The unusual options activity with a majority of bullish trades suggests investor confidence in Moderna's short-term price increase. The current price is close to the analyst target, and the RSI indicates potential for a rebound from oversold conditions.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100