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: Feb 19, 2027
Days to expiration: 131
Share price: $225.00
Put/call ratio (OI): 2.08
Put/call ratio (volume): 0.38
ATM implied volatility: 88.3%
Expected move: ±$119.02
Open interest (C / P): 268 / 557

MRNA options summary

The MRNA options chain for the February 19, 2027 expiration lists 17 call and 26 put contracts, with 131 days until expiration. Open interest stands at 268 calls and 557 puts, a put/call ratio of 2.08, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $220.00 strike is 88.3%, which implies the market expects a move of about ±$119.02 (52.9%) in Moderna stock by expiration.

The most open interest sits at the $190.00 call (46 contracts) and the $125.00 put (111 contracts).

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

MRNA options chain · February 19, 2027

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
—	—	—	—	—	—	100.00	1.64	3.05	2.97	90.2%	1	43
—	—	—	—	—	—	110.00	2.80	4.80	3.82	91.3%	2	80
—	—	—	—	—	—	115.00	3.25	5.50	4.40	89.9%	9	49
1	—	96.7%	80.77	109.80	113.45	120.00	4.35	5.75	4.50	88.9%	26	69
—	—	—	—	—	—	125.00	5.30	7.45	6.37	90.6%	2	111
—	—	—	—	—	—	130.00	5.50	8.00	7.33	87.5%	22	21
—	—	—	—	—	—	135.00	—	—	11.05	—	—	—
—	—	—	—	—	—	140.00	8.60	9.95	10.00	88.0%	2	3
—	—	—	—	—	—	145.00	—	—	13.45	—	—	—
—	—	—	—	—	—	150.00	11.05	13.35	15.20	88.2%	14	36
—	—	—	—	—	—	155.00	12.50	14.90	17.60	87.9%	1	2
—	—	—	52.87	—	—	160.00	14.30	16.45	17.30	87.8%	7	41
1	—	92.6%	59.92	77.25	80.75	165.00	16.00	18.20	17.80	87.6%	6	1
—	—	—	—	—	—	175.00	19.10	22.30	26.83	86.7%	—	2
9	2	91.4%	45.54	68.35	71.30	180.00	21.60	24.25	22.91	87.0%	3	67
6	1	91.5%	49.40	65.55	68.70	185.00	23.25	26.60	25.55	86.5%	1	6
46	13	91.0%	61.47	62.85	65.75	190.00	—	—	35.42	—	—	—
27	2	90.9%	58.67	60.35	63.15	195.00	28.05	31.50	36.80	86.7%	4	4
38	3	90.8%	55.39	57.90	60.60	200.00	31.00	33.55	32.00	86.7%	17	4
38	7	91.0%	50.90	53.25	56.25	210.00	35.75	38.95	39.02	86.2%	7	13
28	18	90.6%	48.48	48.80	51.85	220.00	41.35	44.50	44.13	86.0%	6	2
MRNA $225.00
17	191	90.3%	44.67	44.65	47.80	230.00	—	—	56.34	—	—	—
22	104	90.1%	41.60	40.80	44.15	240.00	—	—	—	—	—	—
—	—	—	24.05	—	—	250.00	59.85	63.10	78.35	85.2%	1	1
9	1	89.9%	18.79	34.20	37.75	260.00	66.70	69.85	88.46	84.9%	—	1
26	1	89.7%	30.50	31.35	34.65	270.00	74.00	76.95	98.20	85.0%	—	1
—	—	—	17.00	—	—	280.00	—	—	—	—	—	—
—	—	—	16.72	—	—	290.00	—	—	96.80	—	—	—

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 February 19, 2027 expiration, the MRNA put/call ratio based on open interest is 2.08 (557 puts vs 268 calls), and 0.38 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 February 19, 2027 is about 88.3%, 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.