MRNA options flow: unusual options activity in Moderna, Inc.

Updated 28 September 2026, 09:54 ET

The 500 most recent unusual options prints in Moderna, Inc. (MRNA), from 22 September 2026 to 28 September 2026, carry $44.5M of tracked premium, leaning bullish. The delayed tape holds that many at a time, and this name fills it in 5 sessions. Bullish premium was $26.9M against $13.6M bearish; $32.8M went into calls and $11.7M into puts, a put call ratio of 0.36. The largest print was $3.3M of MRNA 18 Dec 2026 $125 calls on 25 September 2026, swept at ask. The last session with prints, 28 September 2026, added 22 prints and $1.5M of premium. MRNA closed at $198.88 on 25 September 2026, up 2.1%.

The latest unusual flow

Unusual prints500
Tracked premium$44.5M
Net premium+$13.3M
Bullish premium$26.9M
Bearish premium$13.6M
Call premium$32.8M
Put premium$11.7M
P/C ratio0.36
Sweeps43%
Size over OI77
Whale prints7
High conviction39

The 500 most recent prints, 22 September 2026 to 28 September 2026, 5 sessions. The delayed tape holds that many at a time; the full stream with every print is in the app. Every print is shown twenty minutes after it executed, and the page is rebuilt after each session.

Net premium is bullish minus bearish premium. The put call ratio is put premium divided by call premium, weighted by money rather than by contract count. Sweeps is the share of prints executed across several exchanges at once. Read the guide: Reading the Pulse.

Largest prints

DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
25 Sep 2026MRNA 18 Dec 2026 $125 callsSweep4142,245$3.3MAt askBullishWhale
25 Sep 2026MRNA 18 Dec 2026 $125 callsSweep1872,245$1.5MAt askBullishWhale
25 Sep 2026MRNA 18 Dec 2026 $125 callsSweep1192,245$952KAt askBullishHigh conviction
25 Sep 2026MRNA 18 Dec 2026 $125 callsSweep1132,245$899KAt askBullishHigh conviction
25 Sep 2026MRNA 18 Dec 2026 $125 callsSweep972,245$772KAt askBullishHigh conviction
25 Sep 2026MRNA 20 Nov 2026 $155 putsSweep696335$698KAt bidBullishWhale
22 Sep 2026MRNA 21 Jan 2028 $180 putsTrade1102$587KAt bidBullishHigh conviction
24 Sep 2026MRNA 6 Nov 2026 $195 callsSweep2130$584KAt bidBearishWhale
22 Sep 2026MRNA 17 Dec 2027 $220 callsTrade10017$535KAt askBullishHigh conviction
22 Sep 2026MRNA 17 Dec 2027 $220 callsTrade10017$504KAt askBullishHigh conviction
24 Sep 2026MRNA 25 Sep 2026 $185 putsSweep999373$485KAt askBearishWhale
25 Sep 2026MRNA 19 Mar 2027 $130 callsSweep59173$475KAt askBullishNotable

Size above open interest means the trade opened a position larger than everything that existed in the contract the night before. Above ask and below bid are the most aggressive executions. Read the guide: Size versus open interest.

Where the money is aimed

ExpiryPrintsPremiumCalls shareNet premium
18 Dec 202654$12.4M91%+$9.8M
20 Nov 202675$6.7M68%+$171K
25 Sep 202685$5.1M59%+$222K
16 Oct 202643$3.1M70%+$977K
19 Mar 202740$2.7M70%+$253K
17 Dec 202723$2.7M95%+$703K

The most premium, $12.4M, is aimed at the 18 Dec 2026 expiry; the nearest expiry with unusual prints is 25 Sep 2026.

A print in a contract expiring this week is a view about the next few days, often about a known event; a print months out is a different kind of statement. Read the guide: 0DTE options flow.

The last session, 28 September 2026

Prints22
Premium$1.5M
Net premium+$336K
P/C ratio0.33
Sweeps50%
DateContractTypeSizeOpen int.PremiumExecutionSentimentTier
28 Sep 2026MRNA 18 Dec 2026 $190 putsSweep74227$233KAt askBearishNotable
28 Sep 2026MRNA 18 Dec 2026 $130 callsTrade251,104$168KAt askBullish
28 Sep 2026MRNA 18 Dec 2026 $175 callsSweep29272$126KAt askBullishNotable
28 Sep 2026MRNA 20 Nov 2026 $220 callsSweep403,497$88KAt askBullishNotable
28 Sep 2026MRNA 20 Nov 2026 $190 callsTrade26554$85KAt askNeutral

Every print in MRNA with its full detail, the live tape, one tap filters and saved screeners: open MRNA in Options Sentiment Screener.

Price

Last close$198.88
Day+2.08%
1 week+29.11%
1 month+32.89%
3 months+195.64%
1 year+668.47%
52 week high$202.67
52 week low$22.28
Volume13,944,982
Market cap$77.8B

The live quote and the price chart sit beside the ticker's flow in the app: open MRNA in Options Sentiment Screener.

Analysts

The most recent analyst targets on file, from 12 firms, have a median of $79, 60.3% below the last close. The last 90 days brought 3 upgrades and 1 downgrade.

Calls bought at a strike above the average target are a bet that the analysts are too cautious; puts far below the price in a name they like are protection or a strong disagreement. Read the guide: Reading one ticker's flow.

About Moderna, Inc.

Exchange
Nasdaq
Sector
Health Care
Industry
Pharmaceutical Products
Website
modernatx.com

Moderna, Inc. develops therapeutics and vaccines based on messenger RNA for the treatment of infectious diseases, immuno-oncology, rare diseases, cardiovascular diseases, and auto-immune diseases. The company has 44 development programs, which includes 26 in clinical trials across seven modalities.

In the same sector

Flow pages for other Health Care names in the S&P 500:

LLY Eli Lilly & Co.JNJ Johnson & JohnsonABBV AbbVie Inc.MRK Merck & Co. Inc.UNH UnitedHealth Group Inc.TMO Thermo Fisher Scientific Inc.AMGN Amgen Inc.GILD Gilead Sciences, Inc.

Learn

The live tape for MRNA with every print's execution detail, one tap filters for calls, puts, sweeps and 0DTE, saved screeners and, for Realtime subscribers, push alerts and no delay. The same screen is in the iOS and Android apps.

Open MRNA in Options Sentiment Screener