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Moderna call volume above normal and directionally bullish

Moderna call volume above normal and directionally bullish

Bullish option flow detected in Moderna with 24,678 calls trading, 1.2x expected, and implied vol increasing over 1 point to 51.22%. Mar-24 100 calls and 3/8 weekly 100 calls are the most active options, with total volume in those strikes near 8,900 contracts. The Put/Call Ratio is 0.46. Earnings are expected on May 2nd.

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