Independent options-market research
Menu
Stocks Expected Moves Volatility Earnings Market Dashboard Options Activity Screener News
Learn & Tools Learn Ask the Data AI Agents Methodology ★ Saved API
About About us Contact Disclaimer
View options
Dark mode

🧭 Guided View
New to markets — prices, yields, YTD, market cap? We explain every term as you browse, in plain English. Same data, with the help built in.

⚡ Expert View
You already know the market. Just the data — clean, fast and compact, with no extra explanations. This is the default view.

Interface language
DATA API

Free read-only JSON access to summary metrics, rate-limited.

MRK option chain Merck & Co., Inc.

Cboe delayed options data · as of 00:36 UTC

Each row is one strike. The left half is the call, the right half the put. Bid/ask are what buyers and sellers currently quote; volume is contracts traded this session; open interest is standing contracts. The highlighted row sits closest to the stock price.

This expiration prices a move of about ±15.2% (128.53–174.63) · ATM IV 31.6% · P/C open interest 0.94

CALLS Strike PUTS
BidAskVolOIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. IVΔModel sensitivity of an option's price to a $1 move in the stock; also used as a rough moneyness scale (a 25-delta option is well out of the money).ΓΘ BidAskVolOI IVΔΓΘ
70.70 73.05 1,536 52.2% 0.99 0.0005 0.000 80 0.0100 0.2500 3,908 47.1% -0.01 0.0006 -0.004
65.90 68.60 2,327 55.3% 0.99 0.0007 0.000 85 0.1200 0.2900 4,396 45.9% -0.01 0.0008 -0.005
60.65 63.35 1 834 43.5% 0.99 0.0009 0.000 90 0.0900 0.3800 4,428 42.7% -0.02 0.0010 -0.006
55.95 58.75 1,702 45.6% 0.98 0.0013 0.000 95 0.1600 0.4800 1 2,069 40.8% -0.02 0.0014 -0.007
51.30 53.75 2 7,946 42.9% 0.97 0.0018 0.000 100 0.2700 0.6100 3,290 39.1% -0.03 0.0019 -0.009
46.25 49.15 1,832 40.1% 0.96 0.0024 0.000 105 0.3900 0.8400 8 4,105 37.5% -0.04 0.0026 -0.011
41.40 43.55 32 2,116 32.4% 0.95 0.0033 -0.001 110 0.6200 0.9600 4,299 35.4% -0.06 0.0035 -0.013
37.15 39.65 2,527 36.7% 0.93 0.0044 -0.006 115 1.04 1.32 3,326 34.7% -0.08 0.0046 -0.017
32.75 35.15 101 5,667 35.5% 0.90 0.0058 -0.011 120 1.43 1.91 2,126 33.7% -0.11 0.0059 -0.020
28.20 30.55 2,834 32.9% 0.86 0.0073 -0.017 125 2.24 2.89 1,712 34.0% -0.14 0.0075 -0.025
24.05 26.75 2,244 32.6% 0.82 0.0090 -0.022 130 3.20 3.45 5 4,058 32.5% -0.19 0.0091 -0.029
20.50 22.55 3,950 31.6% 0.77 0.0106 -0.028 135 4.05 5.20 282 32.3% -0.24 0.0107 -0.033
17.20 19.40 20 2,261 31.9% 0.71 0.0120 -0.032 140 5.75 6.30 3 2,818 31.4% -0.30 0.0121 -0.036
14.50 16.05 2,724 31.7% 0.64 0.0131 -0.036 145 7.45 8.60 2 453 31.4% -0.37 0.0132 -0.038
12.00 13.30 2,898 31.7% 0.57 0.0137 -0.038 150 9.70 11.10 228 31.5% -0.44 0.0139 -0.040
9.60 10.85 1,222 31.3% 0.50 0.0140 -0.040 155 12.30 14.05 262 31.7% -0.51 0.0141 -0.039
7.75 8.90 2 702 31.4% 0.44 0.0138 -0.040 160 15.15 17.00 109 31.3% -0.57 0.0140 -0.038
6.10 7.30 2,112 31.4% 0.38 0.0132 -0.038 165 18.40 20.80 24 31.9% -0.64 0.0136 -0.036
5.25 5.70 1 2,116 31.9% 0.32 0.0124 -0.036 170 21.95 24.30 1 31.6% -0.69 0.0130 -0.033
3.70 4.70 5,058 31.4% 0.27 0.0114 -0.034 175 25.70 27.55 130 30.3% -0.75 0.0122 -0.030
2.90 3.85 2,077 31.8% 0.22 0.0103 -0.031 180 29.90 31.90 5 30.8% -0.80 0.0114 -0.027
2.25 3.20 151 32.2% 0.19 0.0091 -0.028 185 34.15 36.75 31.9% -0.84 0.0104 -0.023
1.75 2.30 246 31.8% 0.15 0.0080 -0.025 190 38.50 41.30 31.7% -0.88 0.0093 -0.019
1.37 2.08 334 32.7% 0.13 0.0070 -0.022 195 43.30 45.80 20 31.9% -0.91 0.0080 -0.014
1.07 1.70 128 33.0% 0.11 0.0060 -0.020 200 47.85 50.55 30.9% -0.93 0.0068 -0.009
0.6700 1.30 27 34.4% 0.07 0.0045 -0.016 210 57.75 60.25 31.3% -0.97 0.0043 0.000
0.4500 0.8000 102 34.8% 0.05 0.0034 -0.012 220 67.45 70.05 -0.98 0.0025 0.000

Strikes shown: within ±50% of the underlying price. Intrinsic value = max(0, price − strike) for calls, max(0, strike − price) for puts; extrinsic = option price − intrinsic. Greeks and IV as computed by the exchange feed.

Volatility smile — Jan 15, 2027

Volatility page →

Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.

28%31%33%36%151.6125.0175.0
callsputs

Consumer Cyclical

ABNB · Airbnb, Inc.AMZN · Amazon.com, Inc.AZO · AutoZone, Inc.BABA · Alibaba Group Holding…BBY · Best Buy Co., Inc.BYD · Boyd Gaming CorporationCAVA · CAVA Group, Inc.CCL · Carnival Corporation & plc

ETF

ARKK · ARK Innovation ETFBITO · ProShares Bitcoin ETFDIA · State Street SPDR Dow…EEM · iShares MSCI Emerging…EFA · iShares MSCI EAFE ETFEWZ · iShares MSCI Brazil ETFFXI · iShares China Large-Cap ETFGDX · VanEck Gold Miners ETF

Technology

AAPL · Apple Inc.ADBE · Adobe Inc.AI · C3.ai, Inc.AMAT · Applied Materials, Inc.AMD · Advanced Micro Device…APP · AppLovin CorporationARM · Arm Holdings plc Amer…ASML · ASML Holding N.V.

Financial Services

AFRM · Affirm Holdings, Inc.ALL · The Allstate CorporationALLY · Ally Financial Inc.AXP · American Express CompanyBAC · Bank of America CorporationBLK · BlackRock, Inc.BX · Blackstone Inc.C · Citigroup Inc.

Industrials

AAL · American Airlines Gro…BA · The Boeing CompanyCAT · Caterpillar Inc.CMI · Cummins Inc.DAL · Delta Air Lines, Inc.DE · Deere & CompanyEMR · Emerson Electric Co.ETN · Eaton Corporation plc

Energy

BKR · Baker Hughes CompanyCCJ · Cameco CorporationCOP · ConocoPhillipsCVX · Chevron CorporationDVN · Devon Energy CorporationENPH · Enphase Energy, Inc.EOG · EOG Resources, Inc.ET · Energy Transfer LP