MRNA Options
MRNA $198.85 · Updated Oct 26, 4:00 PM ET
MRNA is at $198.85. The nearest expiration, Oct 30, 2026 (4 days out), lists 110 strikes, with 38,874 calls and 54,622 puts traded in the latest session. At-the-money implied volatility is 96.7%. The at-the-money straddle prices a move of about $16.13 (8.1%) by expiration.
MRNA Options Chain
MRNA is at $198.85. The nearest expiration, Oct 30, 2026 (4 days out), lists 110 strikes, with 38,874 calls and 54,622 puts traded in the latest session. At-the-money implied volatility is 96.7%. The at-the-money straddle prices a move of about $16.13 (8.1%) by expiration.
MRNA Gamma Exposure (GEX)
MRNA total dealer gamma exposure is $8M across all listed expirations. Positive GEX means dealers are net long gamma; their hedging tends to dampen price moves. The gamma flip is $189.57, with spot 4.9% above it. The call wall is $210.00 and the put wall $180.00.
MRNA Max Pain
MRNA max pain for Oct 30, 2026 (4 days out) is $200.00, 0.6% above the current $198.85. That is the settlement price at which the open contracts on that date would pay holders the least. For Nov 27, 2026, max pain is $200.00.
MRNA Put/Call Ratio
Across every listed MRNA expiration, the put/call ratio is 1.26 by volume and 1.46 by open interest. More puts than calls are trading, a defensive tilt. 425,993 puts and 290,807 calls are open in total.
MRNA Implied Volatility
MRNA at-the-money implied volatility is 96.7% for Oct 30, 2026 (4 days out). For Nov 27, 2026 it is 85.0%. Near-term volatility is priced above longer-dated volatility, an inverted term structure that usually accompanies an event or stress.
MRNA Open Interest by Strike
Across all MRNA expirations, the largest call open interest near the current $198.85 sits at the $200.00 strike (17,632 contracts) and the largest put open interest at $200.00 (13,153). 290,807 calls and 425,993 puts are open in total.
MRNA Expected Move
The options market prices MRNA to move about $16.13 (8.1%) by Oct 30, 2026, a range of $182.73 to $214.98. For Nov 27, 2026 (32 days out) the expected move is $39.95 (20.1%).