Ticker Options Intelligence

MRK options intelligence

Merck & Company Inc options pressure, expected move, strike concentration, and Sharemaestro trend context.

Conviction 53 17 Jun 2026 17:49

Call-side pressure

Bullish pressure

MRK currently carries bullish options pressure with a 53/100 conviction score. The nearest-chain expected move is 3.1%, with volume/open-interest participation at 0.09.

Options Intelligence Opportunities Bullish confirmation Risks Unusual flow Vol expansion Repeated pressure Chart Weekly report
Primary read Bullish

Call-side pressure

Expected move 3.1%

Near-term move context

Fresh flow 0.09

Participation is quieter

Put-call 0.11

Call-side skew

Trend fit 17

Options are not fully confirming trend

Weekly backdrop -1.4%

RS 8.5

Expected move3.1%
Put-call volume0.11
Volume / OI0.09
Avg IV0.83
Max pain115.00
Underlying119.05
Nearest expiry18 Jun 2026
Contracts275

Opportunity + Risk Framework

What kind of setup is this?

Context, not a recommendation
Warning Volatility expansion

The tape is pricing or displaying unusually elevated activity.

Negative Options disagreement

Options positioning is not confirming the underlying trend context.

Activity Anomaly

Normal range

33

Activity is broadly in line with recent stored snapshots.

Volume rank0th
Volume/OI rank0th
IV rank100th

Premium Angles

What is unusual here?

Flow, pin, trend, event
Persistent pressure 10x

Bullish pressure has repeated across recent snapshots.

Trend conflict 17

Options positioning is not confirming the underlying trend context.

Today Versus Normal

30 / 90 / 180 day context

Stored options memory
Expected move 3.1% muted
30d avg 3.8% 0th
90d avg 3.8% 0th
180d avg 3.8% 0th
IV 0.83 elevated
30d avg 0.16 100th
90d avg 0.16 100th
180d avg 0.16 100th
Put-call 0.11 muted
30d avg 0.13 0th
90d avg 0.13 0th
180d avg 0.13 0th
Volume/OI 0.09 muted
30d avg 0.52 0th
90d avg 0.52 0th
180d avg 0.52 0th

History

Pressure and volatility trail

Pressure, move, IV, participation
17 Jun Bullish
Pressure 76
Move 3.8%
IV 0.16
Vol/OI 3.54
17 Jun Bullish
Pressure 77
Move 3.8%
IV 0.16
Vol/OI 0.36
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 74
Move 3.8%
IV 0.16
Vol/OI 0.11
17 Jun Bullish
Pressure 78
Move 3.1%
IV 0.83
Vol/OI 0.09

Classic Baseline

Current tape versus recent history

Percentile detail
Expected move 3.1% Recent avg 3.8% · 0th

Muted versus recent tape

Avg implied volatility 0.83 Recent avg 0.16 · 100th

Elevated versus recent tape

Put-call volume 0.11 Recent avg 0.13 · 0th

Muted versus recent tape

Volume / open interest 0.09 Recent avg 0.52 · 0th

Muted versus recent tape

Market context

Sharemaestro weekly
Close119.05
1W-1.4%
RS8.5
Fair value+18.0%
Options pressure78
Speculation42
Volatility68
Trend fit17

Strike Map

Strike activity map

Nearest expiry
Strike40.00
Calls · V 2 · OI 0
Puts · V 3 · OI 756
Strike45.00
Calls · V 1 · OI 0
Puts · V 1 · OI 252
Strike50.00
Calls · V 50 · OI 2
Puts · V 3 · OI 114
Strike55.00
Calls · V 125 · OI 15
Puts · V 3 · OI 1612
Strike60.00
Calls · V 50 · OI 0
Puts · V 3 · OI 2869
Strike65.00
Calls · V 4 · OI 76
Puts · V 6 · OI 3035
Strike70.00
Calls · V 2 · OI 5
Puts · V 1 · OI 7590
Strike75.00
Calls · V 1 · OI 3
Puts · V 5 · OI 7921
Strike80.00
Calls · V 3 · OI 422
Puts · V 1 · OI 5524
Strike85.00
Calls · V 8821 · OI 1
Puts · V 22 · OI 3820
Strike90.00
Calls · V 49 · OI 57
Puts · V 1 · OI 4124
Strike95.00
Calls · V 8 · OI 7
Puts · V 12 · OI 3569
Strike98.00
Calls · V 1 · OI 1
Puts · V 7 · OI 76
Strike99.00
Calls · V 1 · OI 1
Puts · V 1 · OI 34
Strike100.00
Calls · V 4 · OI 47
Puts · V 16 · OI 8389
Strike101.00
Calls · V 1 · OI 2
Puts · V 1 · OI 15
Strike102.00
Calls · V 0 · OI 0
Puts · V 5 · OI 30
Strike103.00
Calls · V 40 · OI 0
Puts · V 3 · OI 26
Strike104.00
Calls · V 120 · OI 0
Puts · V 1 · OI 111
Strike105.00
Calls · V 46 · OI 26
Puts · V 1 · OI 5978
Strike106.00
Calls · V 46 · OI 23
Puts · V 6 · OI 95
Strike107.00
Calls · V 101 · OI 0
Puts · V 34 · OI 266
Strike108.00
Calls · V 2 · OI 8
Puts · V 7 · OI 775
Strike109.00
Calls · V 38 · OI 8
Puts · V 2 · OI 305
Strike110.00
Calls · V 7 · OI 157
Puts · V 6 · OI 8051
Strike111.00
Calls · V 285 · OI 70
Puts · V 35 · OI 593
Strike112.00
Calls · V 20 · OI 4
Puts · V 70 · OI 713
Strike113.00
Calls · V 20 · OI 104
Puts · V 3 · OI 647
Strike114.00
Calls · V 42 · OI 242
Puts · V 40 · OI 853
Strike115.00
Calls · V 107 · OI 2264
Puts · V 78 · OI 2674
Strike116.00
Calls · V 69 · OI 152
Puts · V 2 · OI 270
Strike117.00
Calls · V 38 · OI 1104
Puts · V 1 · OI 245
Strike118.00
Calls · V 42 · OI 724
Puts · V 7 · OI 324
Strike119.00
Calls · V 255 · OI 704
Puts · V 10 · OI 292
Strike120.00
Calls · V 161 · OI 9862
Puts · V 4 · OI 1566
Strike121.00
Calls · V 19 · OI 658
Puts · V 12 · OI 84
Strike122.00
Calls · V 10 · OI 1174
Puts · V 26 · OI 4
Strike123.00
Calls · V 4 · OI 980
Puts · V 4 · OI 0
Strike124.00
Calls · V 2 · OI 1523
Puts · V 3 · OI 0
Strike125.00
Calls · V 70 · OI 18383
Puts · V 4 · OI 26
Strike126.00
Calls · V 1 · OI 46
Puts · V 0 · OI 0
Strike127.00
Calls · V 40 · OI 50
Puts · V 0 · OI 0
Strike128.00
Calls · V 0 · OI 3
Puts · V 1 · OI 0
Strike129.00
Calls · V 0 · OI 60
Puts · V 0 · OI 0
Strike130.00
Calls · V 177 · OI 7407
Puts · V 2 · OI 6
Strike131.00
Calls · V 3 · OI 3
Puts · V 0 · OI 0
Strike135.00
Calls · V 3 · OI 5848
Puts · V 4 · OI 0
Strike136.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike140.00
Calls · V 2 · OI 1652
Puts · V 2 · OI 2
Strike145.00
Calls · V 2 · OI 1061
Puts · V 7 · OI 0
Strike150.00
Calls · V 1 · OI 1575
Puts · V 0 · OI 1
Strike155.00
Calls · V 1 · OI 154
Puts · V 0 · OI 0
Strike160.00
Calls · V 4 · OI 159
Puts · V 0 · OI 0
Strike165.00
Calls · V 0 · OI 0
Puts · V 0 · OI 0
Strike170.00
Calls · V 2 · OI 0
Puts · V 0 · OI 0

Term Structure

Expiration activity

Volume and IV
Expiry18 Jun 2026
Contracts102
Avg IV1.51
Put-call0.04
Expiry26 Jun 2026
Contracts67
Avg IV0.49
Put-call0.34
Expiry2 Jul 2026
Contracts54
Avg IV0.40
Put-call1.79
Expiry10 Jul 2026
Contracts52
Avg IV0.36
Put-call0.60

Skew

Call/put IV balance

OTM demand
18 Jun 2026Put protection bid
Call IV0.97
Put IV1.50
Skew0.53
26 Jun 2026Balanced skew
Call IV0.53
Put IV0.52
Skew-0.01
2 Jul 2026Balanced skew
Call IV0.37
Put IV0.37
Skew0.00
10 Jul 2026Balanced skew
Call IV0.37
Put IV0.33
Skew-0.04

Research Graph

Related research and context

Ticker deep links

Related News

No recent ticker-specific news yet.

Market Watch

No recent market-watch posts yet.

Contracts

Most active contracts

By volume
ContractMRK260618C00085000
SideCall
Expiry18 Jun 2026
Strike85.00
Volume8821
OI1
IV2.50
ContractMRK260618C00111000
SideCall
Expiry18 Jun 2026
Strike111.00
Volume285
OI70
IV0.67
ContractMRK260618C00119000
SideCall
Expiry18 Jun 2026
Strike119.00
Volume255
OI704
IV0.31
ContractMRK260626C00105000
SideCall
Expiry26 Jun 2026
Strike105.00
Volume200
OI24
IV0.49
ContractMRK260626C00106000
SideCall
Expiry26 Jun 2026
Strike106.00
Volume200
OI24
IV0.45
ContractMRK260618C00130000
SideCall
Expiry18 Jun 2026
Strike130.00
Volume177
OI7407
IV0.73
ContractMRK260702P00117000
SidePut
Expiry2 Jul 2026
Strike117.00
Volume167
OI22
IV0.28
ContractMRK260618C00120000
SideCall
Expiry18 Jun 2026
Strike120.00
Volume161
OI9862
IV0.30
ContractMRK260618C00055000
SideCall
Expiry18 Jun 2026
Strike55.00
Volume125
OI15
IV5.57
ContractMRK260618C00104000
SideCall
Expiry18 Jun 2026
Strike104.00
Volume120
OI-
IV1.15
ContractMRK260702P00116000
SidePut
Expiry2 Jul 2026
Strike116.00
Volume114
OI121
IV0.31
ContractMRK260626P00116000
SidePut
Expiry26 Jun 2026
Strike116.00
Volume111
OI92
IV0.27
ContractMRK260618C00115000
SideCall
Expiry18 Jun 2026
Strike115.00
Volume107
OI2264
IV0.30
ContractMRK260618C00107000
SideCall
Expiry18 Jun 2026
Strike107.00
Volume101
OI-
IV0.92
ContractMRK260618P00115000
SidePut
Expiry18 Jun 2026
Strike115.00
Volume78
OI2674
IV0.28
ContractMRK260626C00103000
SideCall
Expiry26 Jun 2026
Strike103.00
Volume75
OI-
IV0.66