01 — MRK · BEAR CALL SPREADS

Best MRK bear call spreads setups.

Pick how long you want to wait and how much risk you'll take. We score every live strike across the next 3 expirations and surface the top setups — updated hourly.

Large-cap pharma with options flow tied to Keytruda LOE, pipeline catalysts, and oncology trial readouts.

Find the best strikes →FREE · 20 ANALYSES/DAY · NO CARD

Merck

Healthcare / Pharma

MRK

$149.52+2.9% / 30d

IV rank (1y)

56% · moderate

Next earnings

Oct 29

Market cap

$368.9B

P/E (fwd)

16.2

Dividend

$3.32 · Sep 15

Option vol

3K /day

02 — Live setups

Suggested strikes

Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.

Days to expiration

Probability of profit

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Top pick · credit spread

$160/$162.5 call spread · Dec 4

34 DAYS · 7.0% OTM · 3 WIDE · SELL TO OPEN

Credit

$89

Return

55.28%

PoP

74%

Spread	Expiration	Credit	Return ↓	PoP
$155 / $157.5 3.7% OTM · 3 wide	Dec 4 34 days	$75 $0.75 / share	42.86%	62%
$157.5 / $160 5.3% OTM · 3 wide	Nov 27 27 days	$69 $0.69 / share	38.12%	71%
$155 / $157.5 3.7% OTM · 3 wide	Nov 27 27 days	$49 $0.49 / share	24.38%	64%
$157.5 / $160 5.3% OTM · 3 wide	Dec 4 34 days	$20 $0.20 / share	8.7%	68%