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 ±27.3% (104.41–183.01) · ATM IV 32.6% · P/C open interest 1.37
| 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 | |
| 69.45 | 72.35 | 207 | 41.7% | 0.97 | 0.0012 | 0.000 | 75 | 0.8000 | 1.40 | 632 | 40.6% | -0.04 | 0.0013 | -0.005 | ||
| 65.20 | 67.75 | 567 | 40.4% | 0.96 | 0.0016 | 0.000 | 80 | 0.9100 | 1.74 | 984 | 38.9% | -0.05 | 0.0017 | -0.006 | ||
| 59.50 | 64.00 | 424 | 37.0% | 0.95 | 0.0020 | 0.000 | 85 | 1.26 | 2.09 | 170 | 37.7% | -0.06 | 0.0021 | -0.008 | ||
| 56.35 | 59.20 | 1,182 | 37.7% | 0.93 | 0.0024 | -0.002 | 90 | 2.01 | 2.39 | 851 | 37.1% | -0.07 | 0.0025 | -0.009 | ||
| 53.00 | 56.00 | 4 | 296 | 40.3% | 0.91 | 0.0029 | -0.004 | 95 | 2.22 | 3.15 | 600 | 36.0% | -0.09 | 0.0031 | -0.010 | |
| 48.50 | 51.05 | 399 | 36.8% | 0.89 | 0.0035 | -0.006 | 100 | 3.25 | 3.75 | 373 | 35.7% | -0.11 | 0.0036 | -0.012 | ||
| 44.45 | 47.15 | 254 | 35.8% | 0.87 | 0.0041 | -0.008 | 105 | 3.70 | 5.80 | 164 | 36.2% | -0.14 | 0.0042 | -0.013 | ||
| 40.75 | 43.45 | 273 | 35.3% | 0.84 | 0.0046 | -0.010 | 110 | 4.70 | 5.75 | 759 | 34.1% | -0.17 | 0.0048 | -0.015 | ||
| 37.95 | 39.95 | 312 | 35.8% | 0.81 | 0.0052 | -0.012 | 115 | 6.50 | 7.05 | 45 | 34.6% | -0.20 | 0.0054 | -0.016 | ||
| 34.50 | 36.05 | 1 | 567 | 34.6% | 0.78 | 0.0058 | -0.013 | 120 | 7.75 | 8.55 | 178 | 34.1% | -0.23 | 0.0060 | -0.018 | |
| 30.70 | 33.35 | 14 | 299 | 34.0% | 0.75 | 0.0063 | -0.015 | 125 | 9.50 | 11.00 | 61 | 34.7% | -0.26 | 0.0066 | -0.019 | |
| 28.30 | 29.65 | 259 | 33.6% | 0.71 | 0.0068 | -0.017 | 130 | 11.20 | 12.80 | 287 | 34.2% | -0.30 | 0.0071 | -0.020 | ||
| 25.75 | 26.85 | 264 | 33.5% | 0.68 | 0.0072 | -0.018 | 135 | 13.35 | 13.95 | 102 | 33.2% | -0.34 | 0.0076 | -0.021 | ||
| 22.30 | 24.20 | 622 | 32.4% | 0.64 | 0.0076 | -0.019 | 140 | 15.60 | 16.40 | 135 | 33.2% | -0.38 | 0.0080 | -0.021 | ||
| 19.90 | 22.10 | 106 | 32.5% | 0.60 | 0.0079 | -0.020 | 145 | 17.95 | 18.65 | 77 | 32.7% | -0.42 | 0.0084 | -0.022 | ||
| 18.60 | 19.40 | 2 | 221 | 32.6% | 0.56 | 0.0081 | -0.021 | 150 | 20.65 | 21.35 | 67 | 32.6% | -0.46 | 0.0087 | -0.022 | |
| 16.55 | 17.50 | 158 | 32.5% | 0.53 | 0.0082 | -0.021 | 155 | 23.35 | 24.25 | 45 | 32.3% | -0.50 | 0.0090 | -0.022 | ||
| 14.30 | 15.70 | 2 | 146 | 32.0% | 0.49 | 0.0083 | -0.021 | 160 | 26.40 | 28.25 | 6 | 32.9% | -0.55 | 0.0092 | -0.022 | |
| 13.20 | 14.00 | 94 | 32.3% | 0.45 | 0.0082 | -0.021 | 165 | 29.55 | 30.65 | 2 | 31.9% | -0.59 | 0.0093 | -0.022 | ||
| 11.70 | 12.45 | 194 | 32.1% | 0.42 | 0.0081 | -0.021 | 170 | 31.50 | 34.15 | 8 | 30.5% | -0.63 | 0.0093 | -0.021 | ||
| 9.60 | 11.25 | 1 | 117 | 31.5% | 0.38 | 0.0080 | -0.020 | 175 | 35.00 | 37.80 | 30.2% | -0.67 | 0.0093 | -0.021 | ||
| 9.25 | 9.90 | 413 | 32.1% | 0.35 | 0.0078 | -0.020 | 180 | 39.00 | 41.80 | 21 | 30.4% | -0.71 | 0.0092 | -0.020 | ||
| 7.25 | 9.75 | 112 | 32.0% | 0.32 | 0.0075 | -0.019 | 185 | 43.65 | 46.60 | 31.9% | -0.74 | 0.0090 | -0.019 | |||
| 7.40 | 8.80 | 416 | 33.1% | 0.30 | 0.0072 | -0.018 | 190 | 47.00 | 50.00 | 30.0% | -0.78 | 0.0087 | -0.017 | |||
| 5.55 | 7.15 | 392 | 31.3% | 0.27 | 0.0069 | -0.018 | 195 | 51.50 | 54.90 | 31.1% | -0.81 | 0.0084 | -0.016 | |||
| 5.15 | 6.35 | 1 | 16 | 31.6% | 0.25 | 0.0066 | -0.017 | 200 | 55.50 | 59.30 | 30.4% | -0.84 | 0.0082 | -0.014 | ||
| 4.60 | 5.60 | 10 | 33.0% | 0.21 | 0.0059 | -0.016 | 210 | 65.00 | 67.80 | -0.89 | 0.0081 | -0.014 | ||||
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 — Dec 17, 2027
Volatility page →Implied volatility per strike for this expiration. Out-of-the-money puts usually price higher IV than calls — the skew.