The Option Block 493: Was There Something Fishy in MRNA Options?

On this episode of The Option Block, we dig into the wild action in Moderna (MRNA) following its massive biotech-fueled surge and ask the question on every options trader's mind: Was there any unusual options activity ahead of the big news? The Flowmaster goes back through the MRNA tape looking for clues and weighs in on whether there was any suspiciously well-timed options activity before the stock exploded higher. We also break down the latest action in SPX, VIX, IWM and the broader options market, including a massive VIX upside trade, heavy put activity in the small caps, Walmart's post-earnings selloff, and the latest moves in Micron, Strategy, Tesla, NVIDIA and SpaceX. Plus, we venture into the Odd Block for unusual options activity in Webull (BULL) and biotech name Precigen (PGEN), discuss the renewed strength in gold, silver and crypto, and debate what is really driving the markets right now — AI spending, rates, geopolitics or the looming midterm elections. Featuring Mark Longo, Henry "The Flowmaster" Schwartz from Cboe and Uncle Mike Tosaw from St. Charles Wealth Management.