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: Apr 16, 2027
Days to expiration: 187
Share price: $225.00
Put/call ratio (OI): 0.95
Put/call ratio (volume): 1.00
ATM implied volatility: 84.6%
Expected move: ±$136.21
Open interest (C / P): 6.16K / 5.83K

MRNA options summary

The MRNA options chain for the April 16, 2027 expiration lists 40 call and 39 put contracts, with 187 days until expiration. Open interest stands at 6,155 calls and 5,827 puts, a put/call ratio of 0.95, which is fairly balanced between calls and puts. At-the-money implied volatility near the $220.00 strike is 84.6%, which implies the market expects a move of about ±$136.21 (60.5%) in Moderna stock by expiration.

The most open interest sits at the $170.00 call (1.08K contracts) and the $105.00 put (668 contracts).

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

MRNA options chain · April 16, 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
2	—	130.6%	101.65	187.55	193.80	35.00	0.00	2.27	2.19	142.9%	3	3
—	—	—	—	—	—	40.00	0.00	2.33	2.38	133.2%	3	3
—	—	—	—	—	—	45.00	0.10	0.76	0.45	105.4%	20	458
1	—	122.2%	149.86	174.70	178.35	50.00	0.00	0.94	0.58	99.9%	4	188
1	—	118.2%	97.98	169.95	173.60	55.00	0.00	1.40	0.80	99.8%	1	25
7	5	114.8%	134.55	165.25	168.90	60.00	0.32	1.20	0.85	95.1%	3	15
5	8	110.9%	78.93	160.50	164.15	65.00	0.47	1.49	1.07	93.5%	1	20
6	1	108.1%	141.80	155.85	159.50	70.00	0.99	1.69	1.23	93.5%	5	290
2	1	104.1%	136.25	151.35	154.45	75.00	1.13	1.79	1.81	89.8%	1	13
—	—	—	—	—	—	80.00	1.22	2.43	2.25	88.9%	10	121
2	1	101.3%	104.45	142.25	145.80	85.00	1.98	2.87	2.55	89.5%	1	14
243	50	99.2%	116.10	137.85	141.25	90.00	1.36	4.25	3.70	87.7%	1	152
189	50	96.1%	106.00	133.40	136.40	95.00	2.80	4.35	7.55	88.3%	3	11
151	4	96.3%	122.80	129.25	132.55	100.00	3.60	4.45	4.10	86.4%	4	194
5	2	94.7%	55.71	125.05	128.20	105.00	4.50	6.30	5.90	89.0%	1	668
4	1	93.3%	89.91	121.00	123.85	110.00	4.60	6.75	7.08	85.7%	1	217
2	2	93.1%	98.20	117.05	120.10	115.00	5.80	8.15	6.92	86.8%	1	75
51	35	93.2%	82.40	113.20	116.60	120.00	6.75	7.90	8.25	83.8%	1	547
31	11	92.2%	52.75	109.40	112.65	125.00	7.80	10.40	10.60	85.8%	4	290
28	4	91.2%	76.15	105.50	108.85	130.00	8.70	11.45	10.45	84.6%	7	351
65	1	91.0%	73.35	102.10	105.25	135.00	10.40	12.35	14.58	84.2%	10	510
221	17	90.0%	100.38	98.65	101.35	140.00	11.00	13.40	14.00	82.3%	1	535
152	3	90.0%	72.05	95.20	98.30	145.00	13.25	15.60	18.42	84.0%	2	118
61	10	90.1%	90.28	92.00	95.30	150.00	14.95	17.15	16.16	83.7%	2	188
108	4	89.7%	67.25	88.85	92.00	155.00	16.65	18.05	17.95	82.5%	67	205
235	1	89.6%	63.10	85.80	89.05	160.00	18.45	20.70	19.70	83.2%	2	84
133	2	89.1%	62.01	82.80	85.80	165.00	20.35	22.65	22.44	83.0%	10	114
1,079	2	88.8%	72.18	79.90	82.85	170.00	22.45	23.85	30.92	82.1%	29	47
356	3	88.9%	75.25	77.15	80.35	175.00	24.00	26.80	33.65	82.2%	31	31
360	7	88.6%	54.72	74.40	77.55	180.00	26.55	29.05	33.85	82.4%	122	257
697	6	88.6%	69.84	71.90	75.00	185.00	28.90	31.45	31.81	82.4%	10	44
320	2	88.0%	69.20	69.40	71.95	190.00	30.60	34.35	40.10	82.1%	4	6
152	2	88.1%	64.00	66.95	69.80	195.00	33.40	36.30	39.00	81.8%	1	12
112	9	88.0%	64.60	64.60	67.45	200.00	36.20	38.50	44.20	81.5%	1	4
1,010	39	87.7%	60.40	60.10	62.95	210.00	41.85	44.35	50.20	81.9%	1	2
79	3	87.5%	55.33	55.90	58.80	220.00	47.50	50.20	63.18	81.7%	—	1
MRNA $225.00
72	1	87.5%	51.10	52.05	55.20	230.00	—	—	—	—	—	—
114	5	87.3%	48.36	48.40	51.55	240.00	59.65	62.65	82.07	81.3%	2	3
18	10	87.3%	45.04	45.05	48.30	250.00	65.80	69.15	78.55	80.7%	—	1
3	17	87.3%	40.16	41.90	45.40	260.00	—	—	—	—	—	—
51	30	87.0%	39.10	39.00	42.25	270.00	79.75	83.00	96.50	80.4%	11	10
12	3	86.7%	36.48	36.30	39.35	280.00	—	—	—	—	—	—
15	30	86.6%	34.50	33.80	36.80	290.00	—	—	—	—	—	—

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 April 16, 2027 expiration, the MRNA put/call ratio based on open interest is 0.95 (5,827 puts vs 6,155 calls), and 1.00 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 April 16, 2027 is about 84.6%, 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.