Bullish option flow detected in Merck (MRK) with 55,988 calls trading, 5x expected, and implied vol increasing almost 4 points to 35.00%. 6/6 weekly 81 calls and Jul-25 80 calls are the most active options, with total volume in those strikes near 40,900 contracts. The Put/Call Ratio is 0.12. Earnings are expected on July 29th.
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