Then analyzing the options chain and the chart patterns of MRNA Moderna prior to the earnings report this week, I would consider purchasing the 115usd strike price Calls with an expiration date of 2024-7-19, for a premium of approximately $8.00. If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Trade closed: target reached
MRNA traded at $125.15 today, after earnings, and the Calls went up from $8.00 (when I wrote this article) to $14.55 at the close today (a lot higher intraday), for about 85% gain!
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