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 ±25.9% (111.31–189.16) · ATM IV 32.6% · P/C open interest 0.71
| 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 | |
| 70.00 | 72.50 | 32.1% | 0.97 | 0.0012 | 0.000 | 80 | 0.6800 | 1.11 | 9 | 39.3% | -0.03 | 0.0013 | -0.006 | |||
| 65.05 | 68.00 | 30.1% | 0.96 | 0.0016 | 0.000 | 85 | 1.10 | 1.57 | 5 | 1 | 39.4% | -0.04 | 0.0016 | -0.007 | ||
| 60.50 | 63.50 | 30.5% | 0.95 | 0.0019 | -0.000 | 90 | 1.21 | 1.76 | 37.1% | -0.06 | 0.0020 | -0.008 | ||||
| 55.50 | 59.35 | 29.6% | 0.94 | 0.0024 | -0.002 | 95 | 1.59 | 2.60 | 9 | 37.2% | -0.07 | 0.0025 | -0.009 | |||
| 52.70 | 55.00 | 33.9% | 0.92 | 0.0029 | -0.004 | 100 | 2.08 | 2.80 | 25 | 35.5% | -0.09 | 0.0030 | -0.011 | |||
| 47.75 | 50.75 | 31.6% | 0.90 | 0.0034 | -0.006 | 105 | 2.70 | 3.50 | 16 | 34.9% | -0.11 | 0.0036 | -0.012 | |||
| 43.90 | 46.90 | 1 | 32.0% | 0.88 | 0.0040 | -0.009 | 110 | 3.45 | 4.45 | 62 | 34.4% | -0.13 | 0.0042 | -0.014 | ||
| 40.05 | 43.20 | 3 | 32.1% | 0.85 | 0.0046 | -0.011 | 115 | 4.35 | 5.55 | 1 | 34.0% | -0.16 | 0.0048 | -0.016 | ||
| 36.85 | 39.55 | 4 | 32.5% | 0.82 | 0.0053 | -0.013 | 120 | 5.45 | 6.80 | 34 | 33.7% | -0.19 | 0.0054 | -0.017 | ||
| 33.45 | 36.05 | 1 | 32.2% | 0.79 | 0.0059 | -0.015 | 125 | 6.70 | 8.35 | 15 | 33.4% | -0.22 | 0.0061 | -0.019 | ||
| 30.05 | 32.90 | 1 | 32.0% | 0.75 | 0.0064 | -0.017 | 130 | 9.10 | 9.70 | 52 | 33.8% | -0.26 | 0.0066 | -0.020 | ||
| 27.10 | 29.90 | 8 | 32.0% | 0.72 | 0.0069 | -0.019 | 135 | 9.90 | 11.75 | 46 | 32.8% | -0.30 | 0.0072 | -0.022 | ||
| 24.10 | 27.50 | 17 | 32.1% | 0.68 | 0.0074 | -0.020 | 140 | 11.80 | 13.80 | 2 | 32.5% | -0.34 | 0.0077 | -0.023 | ||
| 21.70 | 23.75 | 1 | 4 | 31.1% | 0.64 | 0.0077 | -0.021 | 145 | 13.95 | 15.95 | 65 | 32.2% | -0.38 | 0.0081 | -0.024 | |
| 19.15 | 22.50 | 59 | 31.9% | 0.60 | 0.0080 | -0.022 | 150 | 17.70 | 18.50 | 81 | 33.3% | -0.42 | 0.0084 | -0.024 | ||
| 16.80 | 20.20 | 18 | 31.6% | 0.56 | 0.0081 | -0.023 | 155 | 18.90 | 21.35 | 10 | 32.0% | -0.46 | 0.0086 | -0.024 | ||
| 15.10 | 17.80 | 6 | 11 | 31.5% | 0.53 | 0.0082 | -0.024 | 160 | 21.70 | 24.70 | 50 | 32.3% | -0.50 | 0.0088 | -0.025 | |
| 13.25 | 16.40 | 33 | 31.8% | 0.49 | 0.0082 | -0.024 | 165 | 25.00 | 28.15 | 9 | 32.7% | -0.54 | 0.0088 | -0.024 | ||
| 12.45 | 14.85 | 39 | 32.5% | 0.45 | 0.0082 | -0.024 | 170 | 28.50 | 31.05 | 36 | 32.5% | -0.58 | 0.0088 | -0.024 | ||
| 10.40 | 13.45 | 97 | 32.1% | 0.42 | 0.0080 | -0.024 | 175 | 32.00 | 34.70 | 32.7% | -0.62 | 0.0088 | -0.024 | |||
| 9.70 | 12.20 | 80 | 32.7% | 0.39 | 0.0078 | -0.023 | 180 | 35.50 | 38.90 | 33.1% | -0.65 | 0.0087 | -0.023 | |||
| 8.90 | 10.95 | 115 | 33.0% | 0.36 | 0.0076 | -0.023 | 185 | 39.50 | 42.90 | 33.6% | -0.69 | 0.0086 | -0.022 | |||
| 7.70 | 9.80 | 70 | 32.8% | 0.33 | 0.0074 | -0.022 | 190 | 43.50 | 46.50 | 33.4% | -0.72 | 0.0085 | -0.022 | |||
| 6.45 | 8.80 | 11 | 32.5% | 0.30 | 0.0071 | -0.022 | 195 | 47.50 | 50.50 | 33.2% | -0.75 | 0.0084 | -0.021 | |||
| 6.20 | 7.95 | 142 | 33.2% | 0.28 | 0.0068 | -0.021 | 200 | 52.00 | 55.10 | 34.2% | -0.78 | 0.0084 | -0.021 | |||
| 4.75 | 6.45 | 37 | 33.2% | 0.23 | 0.0061 | -0.019 | 210 | 60.50 | 64.05 | 34.4% | -0.84 | 0.0082 | -0.020 | |||
| 3.80 | 5.25 | 2 | 33.5% | 0.20 | 0.0055 | -0.018 | 220 | 70.00 | 72.95 | 35.1% | -0.89 | 0.0075 | -0.018 | |||
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 — Sep 17, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.