Moderna call volume above normal and directionally bullish

Bullish option flow detected in Moderna with 8,870 calls trading, 1.9x expected, and implied vol increasing over 2 points to 49.62%. Aug-24 85 calls and Aug-24 100 calls are the most active options, with total volume in those strikes near 1,800 contracts. The Put/Call Ratio is 0.47. Earnings are expected on October 31st.