Modine Manufacturing Surges 8.9% on Intraday Rally – What’s Fueling the Momentum?

Summary
• Modine Manufacturing (MOD) rockets 8.9% to $150.855, hitting its 52-week high of $154.00
• Options frenzy: 3,278 contracts traded for the 150-strike call ahead of the 9/19 expiry
• Turnover surges to 996,488 shares, 1.93% of float, as bulls bet on a breakout

Modine Manufacturing’s intraday surge has ignited a frenzy in options markets and technical indicators, with the stock trading near its 52-week high. The rally, driven by heavy call buying and bullish momentum, raises questions about sustainability and catalysts. Traders are now scrutinizing key resistance levels and options activity to gauge next steps.

Technical Bullishness and Call Options Drive MOD’s Sharp Rally
Modine’s 8.9% intraday jump is fueled by a confluence of technical factors and speculative call buying. The stock has pierced its 30-day moving average ($135.95) and is now trading above its 52-week high of $154.00. Options data reveals aggressive positioning in the 150-strike call (MOD20250919C150), with 3,278 contracts traded and a 310.77% price change ratio. This contract’s 28.27% leverage ratio and 0.55 delta suggest traders are betting on a continuation above $150. Meanwhile, the K-line pattern confirms a short- and long-term bullish trend, aligning with the stock’s break above the upper Bollinger Band ($143.77).

Options Playbook: Leverage the Bull Run with MOD20250919C150 and MOD20250919C155
• Technical Indicators: 200-day MA: $105.72 (far below), RSI: 52.32 (neutral), MACD: 3.90 (bullish divergence)
• Key Levels: 154.00 (52W high), 138.17 (30D MA), 97.39 (200D MA)
• Options Focus: Aggressive bulls should target MOD20250919C150 and MOD20250919C155 for leveraged exposure

MOD20250919C150
• Code: MOD20250919C150
• Type: Call
• Strike: $150
• Expiry: 2025-09-19
• IV: 47.78% (moderate)
• Leverage: 28.27% (high)
• Delta: 0.55 (moderate sensitivity)
• Theta: -0.555 (rapid time decay)
• Gamma: 0.033 (high sensitivity to price moves)
• Turnover: 1,677,082 (extremely liquid)
This contract offers a 28.27% leverage ratio with a 0.55 delta, ideal for capitalizing on a breakout above $150. A 5% upside to $158.35 would yield a payoff of $8.35 per contract, netting $835 per option. The high gamma ensures it gains value rapidly as the stock approaches the strike.

MOD20250919C155
• Code: MOD20250919C155
• Type: Call
• Strike: $155
• Expiry: 2025-09-19
• IV: 47.35% (moderate)
• Leverage: 48.70% (very high)
• Delta: 0.39 (moderate sensitivity)
• Theta: -0.454 (rapid time decay)
• Gamma: 0.032 (high sensitivity)
• Turnover: 7,790 (liquid)
This contract’s 48.70% leverage ratio amplifies returns for a sustained move above $155. A 5% upside to $158.35 would generate a $3.35 payoff per contract, netting $335. The 0.39 delta balances risk and reward, making it ideal for a mid-term hold.

Action: Aggressive bulls should target MOD20250919C150 into a break above $154.00 or MOD20250919C155 for a continuation above $155.00.

Backtest Modine Manufacturing Stock Performance
Below is your event-driven back-test. Open the interactive panel on the right to explore the detailed statistics and charts.Key take-aways (summary):• 14 qualifying 9 %+ surge days were identified since 2022. • Over the following month, the stock tended to hold its gains, but the average excess return versus the benchmark was not statistically significant. • Win-rate peaked around day 12, and gains faded after ~20 trading days.Auto-assumptions used:1. “Intraday surge” interpreted as the stock’s daily close rising ≥ 9 % versus the prior close. 2. Default holding-window for the event study set to 30 trading days, the platform’s standard. 3. Ticker code supplied as “MOD” (without “.N”) to match the data source’s convention.Let me know if you’d like to adjust the surge threshold, holding window, or drill into individual event cases.

Break Above $154.00 Could Ignite a New Bull Phase – Act Now
Modine’s 8.9% surge is underpinned by technical strength and heavy call buying, with the 150-strike call as the catalyst. The stock’s proximity to its 52-week high and bullish K-line pattern suggest momentum is intact. Traders should watch for a break above $154.00 to confirm the trend or a pullback to the 138.17–138.77 support zone. With Johnson Controls (JCI) up 2.0%, sector optimism could further fuel MOD’s rally. Act now: Buy MOD20250919C150 into a break above $154.00 or MOD20250919C155 for a mid-term play.