01 — MRK · BULL PUT SPREADS
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.
02 — Live setups
Choose your time horizon and risk band. Every match is scored on return, premium, and probability of profit.
| Spread | Expiration | Credit | Return ↓ | PoP |
|---|---|---|---|---|
$142 / $139 5.0% OTM · 3 wide | Dec 4 34 days | $462 $4.62 / share | 46200% | 73% |
$145 / $142 3.0% OTM · 3 wide | Nov 27 27 days | $419 $4.19 / share | 41900% | 67% |
$143 / $140 4.4% OTM · 3 wide | Dec 4 34 days | $410 $4.10 / share | 41000% | 71% |
$146 / $143 2.4% OTM · 3 wide | Dec 4 34 days | $240 $2.40 / share | 400% | 63% |
$146 / $143 2.4% OTM · 3 wide | Nov 27 27 days | $117 $1.17 / share | 63.93% | 64% |
$144 / $141 3.7% OTM · 3 wide | Dec 4 34 days | $100 $1.00 / share | 50% | 68% |
$143 / $140 4.4% OTM · 3 wide | Nov 27 27 days | $49 $0.49 / share | 19.52% | 73% |
03 — Strategy
Moderately bullish traders who want defined risk and credit-based income.
04 — By condition
05 — RUN IT LIVE
Alpha Hawk scans live chains and recommends setups based on current market conditions.
Analyze MRK free →