Two 15 Million Call Trades Hit Four Seconds Apart, but They're Nothing Alike

Two call trades hit four seconds apart at yesterday's close, almost the exact same size, about 16 million in Microsoft and 15.3 million in Moderna, but they couldn't be more different. The Microsoft call needs a reasonable 5% to break even, roughly in line with what analysts expect. The Moderna call needs over 25%, about 58% above the highest target on Wall Street. The tell isn't the matching size, it's the calendar: each bet is built around a specific upcoming event. 📊 tastylive: https://www.tastylive.com/ 📰 Get Tom's pre-market analysis every morning: https://www.tastylive.com/newsletters 📘 FREE Options Strategy Guide: https://tinyurl.com/bp9ms763 📱 Follow tastylive on X: https://x.com/tastyliveshow Chapters 00:00 31 million in calls, four seconds apart 00:14 Two names near 52-week highs 00:46 Same money, very different trades 01:14 The Microsoft call, a 5% move 01:48 Fresh positioning into earnings 02:25 Why the street supports it 03:21 Microsoft's fundamentals 04:26 Moderna, a 25% moonshot 05:39 Miles above the top analyst target 06:35 The October 24 data catalyst #tastylive #signalvsnoise #microsoft #moderna #optionsflow #callbuying #earnings #biotech #optionstrading #stockmarket tastylive is a real financial network, producing hours of live programming every day. Follow along as our experts navigate the markets, provide actionable trading insights, and teach you how to trade. With over 120 original segments, and over 25 personalities, we'll help you take your trading to the next level, whether you are new to trading or a seasoned veteran. tastylive content is created, produced, and provided solely by tastylive, Inc. ("tastylive") and is for informational and educational purposes only. It is not, nor is it intended to be, trading or investment advice or a recommendation that any security, futures contract, digital asset, other product, transaction, or investment strategy is suitable for any person. Trading securities, futures products, and digital assets involve risk and may result in a loss greater than the original amount invested. Investment information provided may not be appropriate for all investors and is provided without respect to individual investor financial sophistication, financial situation, investing time horizon or risk tolerance. Options, futures, and futures options are not suitable for all investors. Prior to trading securities, options, futures, or futures options, please read all applicable risk disclosures, including, but not limited to, the Characteristics and Risks of Standardized Options Disclosure and the Futures and Exchange Traded Options Risk Disclosure Statement found at https://tastytrade.com/disclosures/. Past performance is not indicative of future results. Performance is not presented net of all commissions, fees, and expenses. Multi-leg option strategies incur higher transaction costs than single leg trades as they involve multiple commission charges. Examples provided are for illustrative, informational, and educational purposes only and are not intended to be reflective of results you can expect to achieve. Supporting documentation for any claims, including claims made on behalf of options programs), comparisons, statistics, or other technical data, if applicable, will be supplied upon request. tastylive, through its content, financial programming or otherwise, does not provide investment or financial advice or make investment recommendations. tastylive is not a licensed financial adviser, registered investment adviser, or a registered broker-dealer.