MRK option chain Merck & Co., Inc.

Expiration Cboe delayed options data · as of 15:41 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 ±18.3% (118.50–171.75) · ATM IV 33.1% · P/C open interest 1.23

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
65.35	68.00			53.7%	0.99	0.0009	0.000	80	0.1300	0.4800		21	44.3%	-0.02	0.0010	-0.005
60.45	63.20		2	49.8%	0.98	0.0012	0.000	85	0.2100	0.6200		2	42.5%	-0.02	0.0013	-0.007
55.70	58.45		17	47.1%	0.97	0.0017	-0.001	90	0.3400	0.8200			41.0%	-0.03	0.0018	-0.008
51.25	53.75		2	45.6%	0.96	0.0022	-0.003	95	0.5300	1.08		9	39.7%	-0.04	0.0024	-0.010
46.70	49.15			43.7%	0.95	0.0030	-0.006	100	0.7900	1.43		13	38.6%	-0.06	0.0031	-0.013
42.30	44.60		119	42.0%	0.93	0.0038	-0.010	105	1.40	1.60	15	134	37.4%	-0.08	0.0040	-0.015
37.80	39.75		750	38.8%	0.90	0.0049	-0.013	110	1.86	2.26	1	846	36.5%	-0.11	0.0050	-0.018
33.65	36.00		7	38.8%	0.87	0.0060	-0.017	115	2.34	3.30		29	35.9%	-0.14	0.0061	-0.022
29.55	31.30		61	36.2%	0.83	0.0072	-0.021	120	3.35	3.90	350	373	34.8%	-0.18	0.0073	-0.025
25.80	28.25		52	36.8%	0.79	0.0084	-0.025	125	4.45	5.20		454	34.4%	-0.22	0.0085	-0.028
22.45	24.15	2	15	35.4%	0.74	0.0095	-0.029	130	6.25	6.50	3	172	34.3%	-0.27	0.0097	-0.031
19.15	21.35		9	35.3%	0.69	0.0105	-0.031	135	7.30	8.40		213	33.1%	-0.32	0.0107	-0.033
16.20	17.20		36	33.2%	0.63	0.0113	-0.034	140	10.00	10.30	3	387	33.5%	-0.38	0.0116	-0.035
13.85	14.50	2	862	33.1%	0.57	0.0119	-0.035	145	12.10	12.80		262	33.1%	-0.44	0.0122	-0.036
11.45	12.20	3	70	32.7%	0.51	0.0121	-0.035	150	14.00	15.45		161	31.9%	-0.50	0.0125	-0.036
9.60	10.45	3	43	33.0%	0.45	0.0121	-0.035	155	17.35	18.40		1	32.2%	-0.56	0.0126	-0.035
7.75	8.50	2	179	32.4%	0.40	0.0119	-0.034	160	20.65	21.70		19	32.1%	-0.62	0.0125	-0.034
6.15	7.30		36	32.4%	0.35	0.0114	-0.033	165	23.20	25.85		30	31.5%	-0.67	0.0120	-0.032
5.20	5.80	2	48	32.4%	0.30	0.0107	-0.031	170	27.85	29.40		35	32.3%	-0.73	0.0114	-0.030
4.20	4.55		152	32.0%	0.26	0.0099	-0.028	175	30.95	33.25		3	30.5%	-0.77	0.0106	-0.027
3.15	4.20		26	32.5%	0.22	0.0091	-0.026	180	34.90	37.45			29.7%	-0.81	0.0096	-0.023
2.48	3.50		20	32.6%	0.18	0.0082	-0.024	185	39.25	41.70			28.8%	-0.85	0.0088	-0.020
2.22	2.71	1	9	32.8%	0.16	0.0073	-0.021	190	43.80	46.20			27.9%	-0.88	0.0082	-0.018
1.67	2.62		15	33.5%	0.13	0.0065	-0.019	195	48.45	50.95				-0.91	0.0081	-0.017
1.29	2.05		24	33.2%	0.11	0.0058	-0.017	200	53.15	55.65				-0.94	0.0083	-0.016
0.7700	1.48		10	33.6%	0.08	0.0045	-0.014	210	62.90	65.70				-0.98	0.0059	-0.022

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 — Apr 16, 2027

Volatility page →

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

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MRK option chain Merck & Co., Inc.

Volatility smile — Apr 16, 2027

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