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Moderna call volume above normal and directionally bullish

Bullish option flow detected in Moderna with 37,277 calls trading, 3x expected, and implied vol increasing over 3 points to 45.65%. Jul-24 145 calls and 5/24 weekly 134 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.64. Earnings are expected on August 1st.

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