Go Pro
MRK Merck

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

IV Rank
99
Expensive — favor selling premium
0 · cheap50100 · expensive
Current IV
26%
IV Percentile
99%
52-wk IV high
26%
52-wk IV low
8%
Where current IV sits in its 52-week range
8%26%

Merck's options are currently expensive. With an IV Rank of 99, implied volatility sits near the top of its 1-year range and richer than roughly 99% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.

Suggested play
Short strangle / iron condor
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for MRK
Other healthcare names
LLY 25UNH 2JNJ 57PFE 35ABBV 46AMGN 100

Frequently asked

What does an IV Rank of 99 mean for MRK?
It means Merck's implied volatility is currently near the high end of its past-year range, so its options are relatively expensive.
Should I buy or sell MRK options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.

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