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Moderna call volume above normal and directionally bullish
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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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