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Options Corner: Market Whales and Their Recent Bets on MRK Options

Benzinga ·  Apr 17 16:44

High-rolling investors have positioned themselves bullish on$Merck & Co (MRK.US)$and it's important for retail traders to take note. This activity came to our attention today through Benzinga's tracking of publicly available options data. The identities of these investors are uncertain, but such a significant move in MRK often signals that someone has privileged information.

Today, Benzinga's options scanner spotted 8 options trades for Merck & Co. This is not a typical pattern.

The sentiment among these major traders is split, with 62% bullish and 37% bearish. Among all the options we identified, there was one put, amounting to $33,529, and 7 calls, totaling $519,512.

Disclaimer: This content is for informational and educational purposes only and does not constitute a recommendation or endorsement of any specific investment or investment strategy. Read more
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