Moderately bullish activity in Moderna (MRNA), with shares up 15c, or 0.53%, near $28.39. Options volume roughly in line with average with 51k contracts traded and calls leading puts for a put/call ratio of 0.24, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 6.0 points near 64.71,in the bottom quartile of the past year, suggesting an expected daily move of $1.16. Put-call skew steepened, indicating increased demand for downside protection.
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