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
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
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 25 Sep 2026 | MRNA 18 Dec 2026 $125 calls | Sweep | 414 | 2,245 | $3.3M | At ask | Bullish | Whale |
| 25 Sep 2026 | MRNA 18 Dec 2026 $125 calls | Sweep | 187 | 2,245 | $1.5M | At ask | Bullish | Whale |
| 25 Sep 2026 | MRNA 18 Dec 2026 $125 calls | Sweep | 119 | 2,245 | $952K | At ask | Bullish | High conviction |
| 25 Sep 2026 | MRNA 18 Dec 2026 $125 calls | Sweep | 113 | 2,245 | $899K | At ask | Bullish | High conviction |
| 25 Sep 2026 | MRNA 18 Dec 2026 $125 calls | Sweep | 97 | 2,245 | $772K | At ask | Bullish | High conviction |
| 25 Sep 2026 | MRNA 20 Nov 2026 $155 puts | Sweep | 696 | 335 | $698K | At bid | Bullish | Whale |
| 22 Sep 2026 | MRNA 21 Jan 2028 $180 puts | Trade | 110 | 2 | $587K | At bid | Bullish | High conviction |
| 24 Sep 2026 | MRNA 6 Nov 2026 $195 calls | Sweep | 213 | 0 | $584K | At bid | Bearish | Whale |
| 22 Sep 2026 | MRNA 17 Dec 2027 $220 calls | Trade | 100 | 17 | $535K | At ask | Bullish | High conviction |
| 22 Sep 2026 | MRNA 17 Dec 2027 $220 calls | Trade | 100 | 17 | $504K | At ask | Bullish | High conviction |
| 24 Sep 2026 | MRNA 25 Sep 2026 $185 puts | Sweep | 999 | 373 | $485K | At ask | Bearish | Whale |
| 25 Sep 2026 | MRNA 19 Mar 2027 $130 calls | Sweep | 59 | 173 | $475K | At ask | Bullish | Notable |
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
| Expiry | Prints | Premium | Calls share | Net premium |
|---|---|---|---|---|
| 18 Dec 2026 | 54 | $12.4M | 91% | +$9.8M |
| 20 Nov 2026 | 75 | $6.7M | 68% | +$171K |
| 25 Sep 2026 | 85 | $5.1M | 59% | +$222K |
| 16 Oct 2026 | 43 | $3.1M | 70% | +$977K |
| 19 Mar 2027 | 40 | $2.7M | 70% | +$253K |
| 17 Dec 2027 | 23 | $2.7M | 95% | +$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
| Date | Contract | Type | Size | Open int. | Premium | Execution | Sentiment | Tier |
|---|---|---|---|---|---|---|---|---|
| 28 Sep 2026 | MRNA 18 Dec 2026 $190 puts | Sweep | 74 | 227 | $233K | At ask | Bearish | Notable |
| 28 Sep 2026 | MRNA 18 Dec 2026 $130 calls | Trade | 25 | 1,104 | $168K | At ask | Bullish | |
| 28 Sep 2026 | MRNA 18 Dec 2026 $175 calls | Sweep | 29 | 272 | $126K | At ask | Bullish | Notable |
| 28 Sep 2026 | MRNA 20 Nov 2026 $220 calls | Sweep | 40 | 3,497 | $88K | At ask | Bullish | Notable |
| 28 Sep 2026 | MRNA 20 Nov 2026 $190 calls | Trade | 26 | 554 | $85K | At ask | Neutral |
Every print in MRNA with its full detail, the live tape, one tap filters and saved screeners: open MRNA in Options Sentiment Screener.
Price
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
- What unusual options activity means
- Reading one ticker's flow
- Sweeps, blocks and where a trade printed
- Size versus open interest
- Bullish or bearish, how a print's sentiment is inferred
- The conviction score and whale prints
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