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Options Strategies Market Commentary
Moderna's Best Day Ever Turned Into a Whiplash Lesson for Options Traders Chasing the Squeeze

Moderna jumped 177% on a cancer-vaccine trial win, then gave back roughly a fifth to a quarter of it the very next session. Here's what the short squeeze behind the move — and the whipsaw after it — teaches about buying options once a stock has already exploded.

August 23, 2026 ET