Moderna (MRNA) Options Chain

NASDAQ: MRNAHealth CareBiotechnology: Biological Products (No Diagnostic Substances)USD

225.00+28.00 (+14.21%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Dec 18, 2026
Days to expiration: 68
Share price: $225.00
Put/call ratio (OI): 1.22
Put/call ratio (volume): 1.26
ATM implied volatility: 94.6%
Expected move: ±$91.88
Open interest (C / P): 56.83K / 69.39K

MRNA options summary

The MRNA options chain for the December 18, 2026 expiration lists 55 call and 54 put contracts, with 68 days until expiration. Open interest stands at 56,829 calls and 69,387 puts, a put/call ratio of 1.22, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $220.00 strike is 94.6%, which implies the market expects a move of about ±$91.88 (40.8%) in Moderna stock by expiration.

The most open interest sits at the $100.00 call (4.31K contracts) and the $60.00 put (10.49K contracts).

Summary generated from market data by MetaCap's automated system. Methodology

MRNA options chain · December 18, 2026

MRNA calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
236	1	415.4%	180.45	210.35	214.10	12.50	0.00	0.19	0.07	264.1%	1	169
166	1	375.6%	180.60	207.90	211.45	15.00	0.00	2.13	0.01	352.4%	7	198
102	5	345.6%	140.38	205.30	208.85	17.50	0.00	0.24	0.01	237.9%	5	2,065
448	1	330.1%	172.00	202.85	206.45	20.00	0.00	0.04	0.02	187.5%	5	3,717
23	1	314.4%	113.02	200.40	204.00	22.50	0.00	0.10	0.02	193.8%	1	3,508
1,528	3	50.0%	165.71	197.90	200.00	25.00	0.00	0.10	0.02	185.2%	5	3,742
871	4	280.3%	162.65	194.95	198.45	28.00	0.00	0.05	0.03	164.1%	3	715
273	20	270.5%	157.95	193.00	196.45	30.00	0.00	0.10	0.03	169.5%	2	1,378
330	1	263.2%	157.70	191.05	194.50	32.00	0.00	0.12	0.16	167.2%	1	891
1,831	3	252.3%	167.67	188.00	191.55	35.00	0.00	0.10	0.06	156.3%	4	1,767
662	25	244.6%	162.00	186.00	189.55	37.00	0.01	0.08	0.04	150.0%	3	843
964	1	235.3%	122.46	183.05	186.60	40.00	0.01	0.08	0.02	143.8%	14	8,406
289	4	230.1%	114.27	181.05	184.65	42.00	0.00	0.15	0.09	146.9%	2	935
1,352	1	216.5%	169.79	178.10	181.50	45.00	0.01	0.08	0.05	134.0%	6	3,868
125	1	216.0%	137.20	176.15	179.70	47.00	0.00	0.17	0.08	139.1%	2	368
1,717	1	199.8%	174.00	173.15	176.40	50.00	0.01	0.12	0.05	130.1%	64	6,048
1,374	27	123.4%	154.70	168.25	171.90	55.00	0.00	0.20	0.10	127.7%	1	1,150
2,077	52	119.9%	162.98	163.30	166.90	60.00	0.08	0.50	0.10	136.8%	25	10,493
1,382	50	120.5%	138.20	158.35	162.00	65.00	0.05	0.21	0.21	116.4%	2	1,265
896	2	136.0%	153.23	154.00	157.25	70.00	0.06	0.24	0.15	111.7%	12	1,822
780	5	121.0%	146.73	148.70	152.15	75.00	0.10	0.39	0.30	112.1%	2	1,391
2,756	13	116.3%	145.00	143.70	147.25	80.00	0.12	0.50	0.35	109.4%	12	258
1,238	1	114.0%	103.50	138.85	142.35	85.00	0.10	0.70	0.48	107.1%	8	265
1,004	151	112.5%	133.00	134.05	137.50	90.00	0.48	0.80	0.48	109.0%	16	220
802	6	111.9%	121.80	129.25	132.80	95.00	0.64	0.90	0.81	106.4%	1	164
4,306	8	115.2%	125.50	125.25	127.90	100.00	0.80	1.23	1.11	105.7%	62	1,112
635	1	109.0%	107.90	119.90	123.25	105.00	0.84	1.84	1.15	105.5%	6	175
727	1	105.5%	81.50	115.10	118.40	110.00	1.31	1.54	1.37	101.1%	51	2,627
256	1	104.3%	97.80	110.40	113.85	115.00	1.53	2.44	1.91	102.7%	3	1,295
1,081	37	104.4%	107.78	106.50	108.90	120.00	1.88	2.42	2.14	98.9%	14	382
1,581	2	101.2%	101.13	101.20	104.75	125.00	2.21	3.40	2.65	99.7%	14	1,426
1,084	13	101.6%	96.15	97.45	100.00	130.00	2.11	3.35	3.20	93.5%	23	881
2,546	2	99.3%	61.96	92.55	95.85	135.00	3.60	4.55	3.80	98.5%	38	236
1,493	1	97.8%	90.00	88.30	91.35	140.00	4.00	4.85	4.45	95.2%	208	505
849	1	97.8%	84.00	84.20	87.40	145.00	4.25	5.75	5.64	93.2%	21	222
668	31	94.8%	79.39	80.15	82.45	150.00	6.20	6.55	6.25	95.3%	57	1,516
486	10	96.7%	74.04	76.25	79.40	155.00	6.25	8.10	8.25	93.6%	9	164
1,461	57	95.5%	72.30	72.45	75.25	160.00	7.50	9.30	9.45	93.5%	34	407
844	11	95.8%	67.40	68.80	71.85	165.00	8.65	10.85	9.90	93.5%	36	619
440	20	95.6%	64.42	65.15	68.45	170.00	10.10	12.00	11.20	92.7%	140	578
227	12	95.5%	61.72	61.90	64.95	175.00	12.05	13.95	12.70	94.0%	16	132
508	84	95.2%	58.00	58.60	61.65	180.00	13.20	15.70	14.75	92.9%	65	378
567	51	95.1%	55.15	55.55	58.45	185.00	15.05	17.85	17.04	93.3%	21	310
1,497	48	95.1%	52.10	52.60	55.45	190.00	17.10	19.55	19.28	92.9%	254	344
341	22	95.1%	48.40	49.70	52.65	195.00	19.65	21.10	21.20	92.7%	68	101
1,383	178	95.0%	48.86	46.85	49.95	200.00	22.25	23.55	23.00	93.5%	1,418	204
703	159	95.6%	42.28	41.95	45.15	210.00	26.45	29.20	28.00	93.6%	101	61
2,873	279	95.7%	38.95	37.85	40.05	220.00	31.65	34.65	34.00	93.5%	70	8
MRNA $225.00
3,637	172	96.3%	35.00	33.80	36.20	230.00	37.70	40.55	39.00	94.0%	9	17
502	210	95.5%	30.60	29.45	32.40	240.00	43.95	46.90	48.46	94.2%	11	6
496	150	96.0%	27.73	26.50	28.90	250.00	50.60	53.45	55.75	94.2%	1	13
847	89	95.6%	25.20	23.20	25.80	260.00	57.40	60.35	79.35	94.0%	23	18
1,328	42	95.9%	22.15	20.60	23.15	270.00	64.80	67.80	69.00	94.3%	2	1
73	92	96.5%	18.92	18.70	20.65	280.00	—	—	—	—	—	—
164	203	96.5%	18.20	16.75	18.20	290.00	80.45	83.45	83.80	95.0%	1	3

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the MRNA put/call ratio?

For the December 18, 2026 expiration, the MRNA put/call ratio based on open interest is 1.22 (69,387 puts vs 56,829 calls), and 1.26 based on today's volume. A ratio above 1 means more puts than calls.

What is MRNA's implied volatility?

At-the-money implied volatility for MRNA options expiring December 18, 2026 is about 94.6%, an annualized estimate of how much the market expects Moderna stock to move.

How many MRNA option expiration dates are there?

MRNA has 16 listed expiration dates, from Oct 16, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.