Option traders moderately bearish in Moderna (MRNA), with shares down 12c near $29.34. Options volume relatively light with 19k contracts traded and puts leading calls for a put/call ratio of 1.55, compared to a typical level near 0.62. Implied volatility (IV30) is higher by 1.6 points near 62.91,in the bottom quartile of the past year, suggesting an expected daily move of $1.16. Put-call skew flattened, suggesting a modestly bullish tone.
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