01 — MRK · IRON CONDOR

Best MRK iron condor 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

Sort by

Top pick · 4-leg iron condor

$136/$139P + $160/$162.5C · Nov 27

27 DAYS · BOTH WINGS 3 WIDE · SELL TO OPEN

Credit

$309

Return

30900%

PoP

64%

Wings	Expiration	Credit	Return ↓	PoP
$137P / $162.5C 3 wide wings	Dec 4 34 days	$172 $1.72 / share	134.38%	67%
$138P / $160C 3 wide wings	Nov 27 27 days	$152 $1.52 / share	102.7%	65%
$140P / $160C 3 wide wings	Nov 27 27 days	$106 $1.06 / share	54.64%	62%
$133P / $165C 3 wide wings	Dec 4 34 days	$96 $0.96 / share	47.06%	74%
$136P / $162.5C 3 wide wings	Nov 27 27 days	$89 $0.89 / share	42.18%	70%
$136P / $162.5C 3 wide wings	Dec 4 34 days	$64 $0.64 / share	27.12%	66%
$137P / $162.5C 3 wide wings	Nov 27 27 days	$27 $0.27 / share	9.89%	70%