Merck call volume above normal and directionally bullish
The Fly

Merck call volume above normal and directionally bullish

Bullish option flow detected in Merck with 5,757 calls trading, 1.6x expected, and implied vol increasing almost 2 points to 23.60%. 3/22 weekly 125 calls and 3/28 weekly 125 calls are the most active options, with total volume in those strikes near 3,000 contracts. The Put/Call Ratio is 0.60. Earnings are expected on April 25th.

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