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Moderna call volume above normal and directionally bullish

Bullish option flow detected in Moderna (MRNA) with 87,666 calls trading, 1.3x expected, and implied vol increasing over 2 points to 78.38%. 2/7 weekly 37 calls and 2/7 weekly 40.5 calls are the most active options, with total volume in those strikes near 19,700 contracts. The Put/Call Ratio is 0.41. Earnings are expected on February 14th.

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