Merck Stock Options

MRK Stock  USD 125.23  0.14  0.11%   
Merck's option chain provides insight into all available option contracts written on Merck's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Merck's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Merck option contract.

In The Money vs. Out of Money Option Contracts on Merck

Analyzing Merck's in-the-money options over time can help investors to take a profitable long position in Merck regardless of its overall volatility. This is especially true when Merck's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Merck's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Merck's stock while costing only a fraction of its price.
Merck's latest option contracts expiring on 2024-04-19 are carrying combined implied volatility of 38.6 with a put-to-call open interest ratio of 0.73 over 112 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-04-19. The current put volume is at 659, with calls trading at the volume of 2843. This yields a 0.23 put-to-call volume ratio. The Merck option chain provides detailed quote and price information for the current Merck Company option contracts. It shows all of Merck's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2024-04-19 Option Contracts

Merck option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Merck's lending market. For example, when Merck's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Merck, he or she must hedge the risk by shorting Merck stock over its option's life.
The chart above shows Merck's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Merck's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Merck's option, there is no secondary market available for investors to trade.

Merck Maximum Pain Price across 2024-04-19 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Merck close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Merck's stock options are financial instruments that give investors the right to buy or sell shares of Merck Company common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Merck stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Merck's stock price goes up or down, the stock options follow.
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
Please note that buying 'in-the-money' options on Merck lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Merck's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Merck contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Merck Stock moves the wrong way.
Common Stock Shares Outstanding is expected to rise to about 2.7 B this year, although the value of Total Stockholder Equity will most likely fall to about 25.5 B.

Merck Company In The Money Call Balance

When Merck's strike price is surpassing the current stock price, the option contract against Merck Company stock is said to be in the money. When it comes to buying Merck's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Merck Company are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.

Merck Current Options Market Mood

Merck's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Merck Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.

Put-to-Call Open Interest

Put-to-Call Volume

Most options investors, including buyers and sellers of Merck's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Merck's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Merck's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

Rule 16 of the current Merck contract

Base on the Rule 16, the options market is currently suggesting that Merck Company will have an average daily up or down price movement of about 2.41% per day over the life of the 2024-04-19 option contract. With Merck trading at USD 125.23, that is roughly USD 3.02. If you think that the market is fully incorporating Merck's daily price movement you should consider buying Merck Company options at the current volatility level of 38.6%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
  
Purchasing Merck options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Merck calls. Remember, the seller must deliver Merck Company stock to the call owner when a call is exercised.

Merck Option Chain

When Merck's strike price is surpassing the current stock price, the option contract against Merck Company stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Merck's option chain is a display of a range of information that helps investors for ways to trade options on Merck. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Merck. It also shows strike prices and maturity days for a Merck against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2024-04-19 CALL at $55.00.96160.001202024-04-1968.55 - 71.550.0In
Call
2024-04-19 CALL at $60.00.94860.001602024-04-1963.35 - 67.050.0In
Call
2024-04-19 CALL at $65.00.95410.001702024-04-1958.2 - 61.50.0In
Call
2024-04-19 CALL at $70.00.95990.001902024-04-1954.05 - 56.152.0In
Call
2024-04-19 CALL at $75.00.98910.00102024-04-1948.35 - 50.3547.0In
Call
2024-04-19 CALL at $80.00.9390.00312024-04-1943.35 - 46.4541.0In
Call
2024-04-19 CALL at $85.00.91690.003912024-04-1938.35 - 41.9536.1In
Call
2024-04-19 CALL at $90.00.97550.002622024-04-1933.9 - 37.037.6In
Call
2024-04-19 CALL at $95.00.90720.005832024-04-1928.75 - 31.630.66In
Call
2024-04-19 CALL at $100.00.97280.004190162024-04-1924.1 - 26.731.0In
Call
2024-04-19 CALL at $104.00.94810.007102024-04-1920.4 - 22.750.0In
Call
2024-04-19 CALL at $105.00.97490.005120242024-04-1919.7 - 20.3520.15In
Call
2024-04-19 CALL at $106.00.97380.005502024-04-1918.55 - 20.150.0In
Call
2024-04-19 CALL at $107.00.96450.007112024-04-1916.55 - 18.419.8In
Call
2024-04-19 CALL at $108.00.90340.011402024-04-1917.05 - 18.850.0In
Call
2024-04-19 CALL at $109.00.970.0072182024-04-1915.95 - 16.3514.4In
Call
2024-04-19 CALL at $110.00.8950.013431482024-04-1915.05 - 15.9515.2In
Call
2024-04-19 CALL at $111.00.87780.0149282024-04-1913.05 - 15.115.19In
Call
2024-04-19 CALL at $112.00.83820.016242024-04-1912.35 - 14.613.03In
Call
2024-04-19 CALL at $113.00.93780.014362024-04-1911.25 - 13.713.45In
Call
2024-04-19 CALL at $114.00.83550.019502024-04-199.95 - 12.40.0In
Call
2024-04-19 CALL at $115.00.85510.021717602024-04-1910.1 - 11.0510.18In
Call
2024-04-19 CALL at $116.00.95390.016762024-04-198.1 - 9.357.2In
Call
2024-04-19 CALL at $117.00.8220.02782024-04-196.65 - 9.29.8In
Call
2024-04-19 CALL at $118.00.97510.015262024-04-195.55 - 9.08.9In
Call
2024-04-19 CALL at $119.00.7860.03461012024-04-194.8 - 7.37.75In
Call
2024-04-19 CALL at $120.00.9870.013853272024-04-194.55 - 5.455.25In
Call
2024-04-19 CALL at $121.00.73770.04591442024-04-192.84 - 5.46.2In
Call
2024-04-19 CALL at $122.00.81520.071712712024-04-192.84 - 4.44.62In
Call
2024-04-19 CALL at $123.00.81840.1055822024-04-192.04 - 2.492.06In
Call
2024-04-19 CALL at $124.00.77830.18147292024-04-191.27 - 1.481.45In
Call
2024-04-19 CALL at $125.00.57090.283584622024-04-190.63 - 0.690.68In
Call
2024-04-19 CALL at $126.00.29590.24720302024-04-190.22 - 0.290.26Out
Call
2024-04-19 CALL at $127.00.11430.133712262024-04-190.07 - 0.10.08Out
Call
2024-04-19 CALL at $128.00.05550.065610022024-04-190.03 - 0.170.04Out
Call
2024-04-19 CALL at $129.00.02740.03286042024-04-190.01 - 0.20.02Out
Call
2024-04-19 CALL at $130.00.02310.0234156102024-04-190.01 - 0.030.02Out
Call
2024-04-19 CALL at $131.00.02010.017823652024-04-190.0 - 0.020.02Out
Call
2024-04-19 CALL at $132.00.01790.014118572024-04-190.0 - 0.050.02Out
Call
2024-04-19 CALL at $135.00.00790.0056132412024-04-190.0 - 0.030.01Out
Call
2024-04-19 CALL at $136.00.00730.00483072024-04-190.0 - 0.950.01Out
 Put
2024-04-19 PUT at $160.0-0.86510.008502024-04-1933.05 - 36.350.0In
 Put
2024-04-19 PUT at $155.0-0.96530.005402024-04-1928.25 - 31.6551.5In
 Put
2024-04-19 PUT at $150.0-0.95390.007402024-04-1923.8 - 25.023.75In
 Put
2024-04-19 PUT at $146.0-0.89150.012502024-04-1919.7 - 21.50.0In
 Put
2024-04-19 PUT at $145.0-0.92630.011402024-04-1918.05 - 20.1517.35In
 Put
2024-04-19 PUT at $144.0-0.90610.013102024-04-1917.25 - 19.317.5In
 Put
2024-04-19 PUT at $143.0-0.95690.009702024-04-1917.45 - 18.416.5In
 Put
2024-04-19 PUT at $142.0-0.93350.012702024-04-1916.2 - 17.915.5In
 Put
2024-04-19 PUT at $141.0-0.86980.016802024-04-1914.2 - 16.5514.2In
 Put
2024-04-19 PUT at $140.0-0.89290.01702024-04-1914.65 - 15.9514.05In
 Put
2024-04-19 PUT at $139.0-0.97510.008902024-04-1912.0 - 15.6512.35In
 Put
2024-04-19 PUT at $138.0-0.82290.020902024-04-1910.75 - 13.912.05In
 Put
2024-04-19 PUT at $137.0-0.92770.018202024-04-1910.0 - 12.010.25In
 Put
2024-04-19 PUT at $136.0-0.93480.01902024-04-1910.6 - 11.310.05In
 Put
2024-04-19 PUT at $135.0-0.80020.026302024-04-198.05 - 10.97.55In
 Put
2024-04-19 PUT at $134.0-0.83820.029502024-04-197.25 - 9.457.16In
 Put
2024-04-19 PUT at $133.0-0.77510.031602024-04-196.0 - 8.957.14In
 Put
2024-04-19 PUT at $132.0-0.99130.009212024-04-195.85 - 7.76.5In
 Put
2024-04-19 PUT at $131.0-0.85380.0437532024-04-194.75 - 6.155.23In
 Put
2024-04-19 PUT at $130.0-0.96520.03052012024-04-194.65 - 4.955.0In
 Put
2024-04-19 PUT at $129.0-0.87830.06431182024-04-192.86 - 3.954.2In
 Put
2024-04-19 PUT at $128.0-0.84370.09026242024-04-192.35 - 3.652.98In
 Put
2024-04-19 PUT at $127.0-0.95450.11049312024-04-191.38 - 2.192.2In
 Put
2024-04-19 PUT at $126.0-0.66970.212712312024-04-190.96 - 1.131.13In
 Put
2024-04-19 PUT at $125.0-0.43330.267550242024-04-190.45 - 0.50.62Out
 Put
2024-04-19 PUT at $124.0-0.21690.183210152024-04-190.16 - 0.210.2Out
 Put
2024-04-19 PUT at $123.0-0.10390.14712024-04-190.06 - 0.090.09Out
 Put
2024-04-19 PUT at $122.0-0.04820.05053652024-04-190.03 - 0.060.04Out
 Put
2024-04-19 PUT at $121.0-0.03980.03473902024-04-190.01 - 0.180.04Out
 Put
2024-04-19 PUT at $120.0-0.02050.018862732024-04-190.02 - 0.030.02Out
 Put
2024-04-19 PUT at $119.0-0.02420.01743862024-04-190.01 - 0.030.03Out
 Put
2024-04-19 PUT at $118.0-0.01590.01142702024-04-190.01 - 0.030.02Out
 Put
2024-04-19 PUT at $117.0-0.08670.02481122024-04-190.01 - 0.520.26Out
 Put
2024-04-19 PUT at $116.0-0.03650.0148372024-04-190.0 - 0.520.08Out
 Put
2024-04-19 PUT at $115.0-0.00690.004458762024-04-190.0 - 1.250.01Out
 Put
2024-04-19 PUT at $110.0-0.00490.002224872024-04-190.01 - 0.510.01Out
 Put
2024-04-19 PUT at $106.0-0.0040.00153272024-04-190.0 - 0.020.01Out
 Put
2024-04-19 PUT at $105.0-0.00380.001384872024-04-190.0 - 0.030.01Out
 Put
2024-04-19 PUT at $104.0-0.00360.00124902024-04-190.0 - 0.020.01Out

Merck Total Stockholder Equity Over Time

The total equity held by shareholders, calculated as the difference between a company's total assets and total liabilities. It represents the net value of the company owned by shareholders.
   Total Stockholder Equity   
       Timeline  

Merck Common Stock Shares Outstanding Over Time

The total number of shares of a company's common stock that are currently owned by all its shareholders.
   Common Stock Shares Outstanding   
       Timeline  

Merck Total Stockholder Equity

Total Stockholder Equity

25.48 Billion

At this time, Merck's Total Stockholder Equity is quite stable compared to the past year.

Be your own money manager

Our tools can tell you how much better you can do entering a position in Merck without increasing your portfolio risk or giving up the expected return. As an individual investor, you need to find a reliable way to track all your investment portfolios. However, your requirements will often be based on how much of the process you decide to do yourself. In addition to allowing all investors analytical transparency into all their portfolios, our tools can evaluate risk-adjusted returns of your individual positions relative to your overall portfolio.

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Merck Corporate Directors

Merck corporate directors refer to members of a Merck board of directors. The board of directors generally takes responsibility for the Merck's affairs and long-term direction of the entity. A corporate director does not make decisions for the corporation on his own. As a member of the board of directors, she or he must function as a part of a group that makes decisions on behalf of the business only by the board of directors' meetings. To pass a resolution, a majority of Merck's board members must vote for the resolution. The Merck board of directors' duties also include the election, removal, and supervision of officers, including the adoption, amendment, and repeal of bylaws.
Rochelle LazarusIndependent DirectorProfile
Paul RothmanIndependent DirectorProfile
Mary CoeIndependent DirectorProfile
Patricia RussoIndependent DirectorProfile

Already Invested in Merck Company?

The danger of trading Merck Company is mainly related to its market volatility and Company specific events. As an investor, you must understand the concept of risk-adjusted return before you start trading. The most common way to measure the risk of Merck is by using the Sharpe ratio. The ratio expresses how much excess return you acquire for the extra volatility you endure for holding a more risker asset than Merck. The Sharpe ratio is calculated by using standard deviation and excess return to determine reward per unit of risk. To understand how volatile Merck Company is, you must compare it to a benchmark. Traditionally, the risk-free rate of return is the rate of return on the shortest-dated U.S. Treasury, such as a 3-year bond.
When determining whether Merck Company is a good investment, qualitative aspects like company management, corporate governance, and ethical practices play a significant role. A comparison with peer companies also provides context and helps to understand if Merck Stock is undervalued or overvalued. This multi-faceted approach, blending both quantitative and qualitative analysis, forms a solid foundation for making an informed investment decision about Merck Company Stock. Highlighted below are key reports to facilitate an investment decision about Merck Company Stock:
Check out Correlation Analysis to better understand how to build diversified portfolios, which includes a position in Merck Company. Also, note that the market value of any company could be tightly coupled with the direction of predictive economic indicators such as signals in metropolitan statistical area.
You can also try the Bonds Directory module to find actively traded corporate debentures issued by US companies.

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When running Merck's price analysis, check to measure Merck's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Merck is operating at the current time. Most of Merck's value examination focuses on studying past and present price action to predict the probability of Merck's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Merck's price. Additionally, you may evaluate how the addition of Merck to your portfolios can decrease your overall portfolio volatility.
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Is Merck's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Merck. If investors know Merck will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Merck listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
0.453
Dividend Share
2.92
Earnings Share
0.14
Revenue Per Share
23.695
Quarterly Revenue Growth
0.058
The market value of Merck Company is measured differently than its book value, which is the value of Merck that is recorded on the company's balance sheet. Investors also form their own opinion of Merck's value that differs from its market value or its book value, called intrinsic value, which is Merck's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Merck's market value can be influenced by many factors that don't directly affect Merck's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Merck's value and its price as these two are different measures arrived at by different means. Investors typically determine if Merck is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Merck's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.