MRK option chain Merck & Co., Inc.
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 ±16.7% (120.83–169.43) · ATM IV 32.7% · P/C open interest 0.69
| CALLS | Strike | PUTS | ||||||||||||||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Bid | Ask | Vol | OIThe number of option contracts currently outstanding at a strike or expiration. High open interest shows where positions are concentrated. | IV | ΔModel 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). | Γ | Θ | Bid | Ask | Vol | OI | IV | Δ | Γ | Θ | |
| 70.15 | 72.80 | 15 | 62.5% | 0.99 | 0.0005 | 0.000 | 75 | 0.0300 | 0.2800 | 45 | 47.5% | -0.01 | 0.0006 | -0.004 | ||
| 65.10 | 67.95 | 6 | 56.6% | 0.99 | 0.0008 | 0.000 | 80 | 0.0600 | 0.3700 | 76 | 45.4% | -0.01 | 0.0008 | -0.005 | ||
| 60.30 | 63.10 | 8 | 52.8% | 0.98 | 0.0010 | 0.000 | 85 | 0.1500 | 0.4200 | 15 | 293 | 43.1% | -0.02 | 0.0012 | -0.006 | |
| 55.75 | 58.30 | 17 | 50.9% | 0.98 | 0.0015 | -0.001 | 90 | 0.2400 | 0.5500 | 15 | 152 | 41.4% | -0.03 | 0.0016 | -0.008 | |
| 50.95 | 53.25 | 27 | 46.0% | 0.97 | 0.0020 | -0.004 | 95 | 0.4800 | 0.8400 | 815 | 41.2% | -0.04 | 0.0022 | -0.010 | ||
| 46.30 | 48.80 | 263 | 44.7% | 0.95 | 0.0027 | -0.007 | 100 | 0.5700 | 1.14 | 1,082 | 39.2% | -0.05 | 0.0029 | -0.012 | ||
| 41.70 | 44.30 | 7,439 | 42.8% | 0.94 | 0.0036 | -0.010 | 105 | 0.8800 | 1.54 | 1,418 | 38.1% | -0.07 | 0.0038 | -0.015 | ||
| 37.30 | 39.95 | 1,313 | 41.5% | 0.91 | 0.0047 | -0.014 | 110 | 1.47 | 1.76 | 1 | 2,600 | 36.7% | -0.09 | 0.0049 | -0.018 | |
| 33.15 | 35.25 | 380 | 39.3% | 0.88 | 0.0060 | -0.018 | 115 | 1.91 | 2.72 | 997 | 36.2% | -0.13 | 0.0062 | -0.022 | ||
| 29.05 | 30.60 | 1,865 | 36.9% | 0.85 | 0.0073 | -0.023 | 120 | 3.05 | 3.15 | 1,901 | 35.2% | -0.16 | 0.0076 | -0.026 | ||
| 25.30 | 25.80 | 8 | 321 | 34.5% | 0.80 | 0.0088 | -0.027 | 125 | 4.10 | 4.25 | 1,486 | 34.6% | -0.21 | 0.0090 | -0.030 | |
| 21.50 | 23.95 | 1 | 564 | 36.7% | 0.75 | 0.0101 | -0.031 | 130 | 5.55 | 5.65 | 2 | 1,671 | 34.2% | -0.26 | 0.0103 | -0.033 |
| 18.20 | 20.75 | 561 | 36.2% | 0.69 | 0.0113 | -0.035 | 135 | 7.15 | 7.45 | 1 | 1,397 | 34.0% | -0.32 | 0.0115 | -0.036 | |
| 15.35 | 16.10 | 1 | 380 | 33.4% | 0.63 | 0.0123 | -0.037 | 140 | 8.60 | 9.40 | 758 | 32.8% | -0.38 | 0.0125 | -0.038 | |
| 12.75 | 13.15 | 8 | 1,508 | 32.8% | 0.57 | 0.0130 | -0.038 | 145 | 10.90 | 11.80 | 492 | 32.6% | -0.44 | 0.0132 | -0.039 | |
| 10.50 | 11.20 | 11 | 829 | 33.1% | 0.51 | 0.0133 | -0.039 | 150 | 13.50 | 14.50 | 552 | 32.2% | -0.51 | 0.0136 | -0.040 | |
| 8.40 | 9.20 | 2,299 | 32.7% | 0.44 | 0.0132 | -0.038 | 155 | 16.60 | 17.60 | 579 | 32.3% | -0.58 | 0.0136 | -0.039 | ||
| 6.90 | 7.20 | 3 | 322 | 32.4% | 0.38 | 0.0128 | -0.037 | 160 | 19.95 | 20.85 | 95 | 32.1% | -0.64 | 0.0132 | -0.037 | |
| 5.35 | 6.10 | 424 | 32.5% | 0.33 | 0.0121 | -0.035 | 165 | 23.60 | 25.00 | 27 | 32.9% | -0.70 | 0.0126 | -0.035 | ||
| 4.05 | 4.90 | 659 | 32.1% | 0.28 | 0.0112 | -0.033 | 170 | 26.30 | 28.60 | 15 | 30.4% | -0.75 | 0.0117 | -0.032 | ||
| 3.30 | 4.00 | 6 | 837 | 32.6% | 0.23 | 0.0102 | -0.030 | 175 | 30.15 | 32.65 | 3 | 29.4% | -0.79 | 0.0106 | -0.028 | |
| 2.69 | 3.20 | 1,147 | 32.8% | 0.19 | 0.0091 | -0.027 | 180 | 34.45 | 36.95 | 29.0% | -0.83 | 0.0095 | -0.024 | |||
| 1.96 | 2.91 | 1,669 | 33.3% | 0.16 | 0.0081 | -0.024 | 185 | 38.90 | 41.30 | 27.7% | -0.87 | 0.0086 | -0.021 | |||
| 1.47 | 2.41 | 268 | 33.4% | 0.13 | 0.0071 | -0.021 | 190 | 43.55 | 46.00 | -0.90 | 0.0081 | -0.019 | ||||
| 1.11 | 1.91 | 336 | 33.4% | 0.11 | 0.0062 | -0.019 | 195 | 48.20 | 50.80 | -0.93 | 0.0080 | -0.018 | ||||
| 1.09 | 1.57 | 13 | 136 | 34.3% | 0.09 | 0.0054 | -0.017 | 200 | 53.00 | 55.90 | -0.95 | 0.0078 | -0.021 | |||
| 0.5000 | 1.17 | 59 | 34.5% | 0.07 | 0.0041 | -0.013 | 210 | 62.85 | 65.70 | -0.99 | 0.0040 | -0.016 | ||||
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 — Mar 19, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.