Bearish flow noted in Moderna (MRNA) with 22,054 puts trading, or 1.0x expected. Most active are Mar-26 22.5 puts and 12/5 weekly 24 puts, with total volume in those strikes near 5,400 contracts. The Put/Call Ratio is 1.77, while ATM IV is up over 1 point on the day. Earnings are expected on February 12th.
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