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