The stock price of the American pharmaceutical company Moderna surged over 130% in a single day, leading to an extraordinary phenomenon in the derivatives market with a yield of 600,000%.
According to the released stock price chart, Moderna (MRNA) shares began to rise from around $62.70, reaching a peak of $149.63 during trading. In just one day, the stock increased by an impressive 130.70% from its lowest point, attracting a massive buying spree.
The catalyst for this buying frenzy was the announcement of the successful Phase 3 clinical trial (INTerpath-001) of the personalized mRNA cancer vaccine, Intismeran (V940/mRNA-4157), which is being co-developed with global pharmaceutical company Merck (MSD).
This result is particularly significant as it marks the first successful Phase 3 clinical trial for an mRNA-based cancer treatment and personalized neoantigen therapy (INT) in history. Moderna and Merck plan to initiate the process for early approval from major regulatory authorities, including the U.S. Food and Drug Administration (FDA), based on these clinical results.
As the stock price doubled in just one day, the call options market, which bets on stock price increases, experienced an unprecedented surge.
According to the disclosed Moderna options trading screen, the yield for an $80 strike price option reached an astonishing 599,900.00% (approximately 600,000%). Additionally, options with $85 and $90 strike prices recorded yields of 513,300% and 497,900%, respectively, showcasing unrealistically high returns. Theoretically, an investment of just 100,000 won could yield 600 million won.
Upon hearing this news in domestic stock communities, netizens reacted with shock and excitement.
Some users commented, "Even a small investment for fun turned out to be a jackpot," and "This is a typical lottery-like trade favored by foreign investors," expressing their amazement at how 100,000 won could turn into 600 million won.
However, the majority of users cautioned about the severe risks associated with options trading. They warned, "Wake up! You could end up with 600 million won in debt in just one minute with a small investment in the futures and options market," and "Options trading is not for everyone; it's like guessing lottery numbers." Others noted, "Buying a 5,000 won lottery ticket is easier and cheaper than this."
They further emphasized, "The options market is a classic zero-sum game; if someone makes a 600,000% profit, someone else has incurred a 600,000% loss," and cautioned against the excessive illusions surrounding derivatives investment, stating, "Many have ended up in debt and ruined their lives after dabbling in options trading."
* This article has been translated by AI.
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