IVIVFactor
MRK Merck

MRK IV Rank — are Merck's options cheap or expensive right now?

IV Rank
23
Cheap — favor buying premium
0 · cheap50100 · expensive
Current IV
37%
IV Percentile
60%
52-wk IV high
120%
52-wk IV low
13%
Where current IV sits in its 52-week range
13%120%

Merck's options are currently cheap. With an IV Rank of 23, implied volatility sits near the low end of its 1-year range and richer than roughly 60% of the past year. Historically at this level, buying options (long calls/puts, calendars) can be more attractive, since low IV tends to expand.

Suggested play
Long call / calendar spread
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for MRK
Other healthcare names
LLY 31UNH 12JNJ 31PFE 18ABBV 24AMGN 29

Frequently asked

What does an IV Rank of 23 mean for MRK?
It means Merck's implied volatility is currently near the low end of its past-year range, so its options are relatively cheap.
Should I buy or sell MRK options at this IV Rank?
Low IV Rank generally favors buying options (long calls/puts, calendars), since cheap volatility tends to expand.

IV Rank data is 15-minute delayed. Educational information, not investment advice.