MRNA earnings 11/7/24

25 Okt

MRNA 2 day chart just printed a high probability long signal on the Fib TSI indicator yesterday. My speculation is that seasonally, it's a good idea to go long MRNA heading into the winter cold season. This is a simple trade entry based off the Fib TSI indicator long signal at 53. A round number tight stop at 50. And 106 profit level based off August 1st gap fill area equaling a 2x stock gain. MRNA earnings are on 11/7/24 pre - market.

long = 53
stop = 50
profit = 106

1/17/25 expiry options data:
Put Volume Total 169
Call Volume Total 545
Put/Call Volume Ratio 0.31
Put Open Interest Total 67,001
Call Open Interest Total 76,725
Put/Call Open Interest Ratio 0.87

3/21/25 expiry options data:
Put Volume Total 827
Call Volume Total 93
Put/Call Volume Ratio 8.89
Put Open Interest Total 24,788
Call Open Interest Total 16,059
Put/Call Open Interest Ratio 1.54

Options ideas:
buy 1/17/25 expiry calls
sell 3/21/25 expiry puts