Merck & Co Inc
Merck & Co Inc (MRK) Covered Calls
As of September 28, 2026, MRK has 213 covered call opportunities in the coming three months. Return ranges from 1.5 to 57.3% until expiration. Annualized return ranges from 9.1 to 1,620.2%. The nearest expiration is October 2, 2026. Maximum potential profit is $8,522.
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Running MRK covered calls helps you generate consistent income from Merck & Co Inc's shares you already own, turning a long stock position into a yield-producing asset. A covered call on Merck & Co Inc involves holding the underlying stock and selling a call option against it, collecting premium in exchange for capping upside at the strike price. Use our scanner to find the best MRK covered calls in real time and filter for the strikes, expiries, and premiums that fit your strategy.
A covered call is one of the most widely used options strategies because it pairs limited risk with a clear income profile: if MRK stays below the strike at expiration, you keep the premium and the shares; if it rises above, you deliver the stock at the strike and still pocket the premium. Selling MRK covered calls works best when implied volatility is elevated, since richer premiums improve the risk-reward. Key inputs to evaluate include strike selection relative to delta, days to expiration, annualized return, and the probability of assignment — all of which determine whether a given Merck & Co Inc covered call is worth writing.
Merck & Co., Inc. operates as a healthcare company worldwide. It operates through two segments, Pharmaceutical and Animal Health. The Pharmaceutical segment offers human health pharmaceutical products in the areas of oncology, hospital acute care, immunology, neuroscience, virology, cardiovascular, and diabetes, as well as vaccine products, such as preventive pediatric, adolescent, and adult vaccines. The Animal Health segment discovers, develops, manufactures, and markets veterinary pharmaceuticals, vaccines, and health management solutions and services, as well as digitally connected identification, traceability, and monitoring products.
It serves drug wholesalers and retailers, hospitals, and government agencies; managed health care providers, such as health maintenance organizations, pharmacy benefit managers, and other institutions; and physicians and physician distributors, veterinarians, and animal producers. The company has collaborations with AstraZeneca PLC; Bayer AG; Eisai Co., Ltd.; Ridgeback Biotherapeutics; and Gilead Sciences, Inc. to jointly develop and commercialize long-acting treatments in HIV. Merck & Co., Inc. was founded in 1891 and is headquartered in Kenilworth, New Jersey.
Income-focused investors, long-term MRK holders, and systematic premium sellers all face the same challenge: finding the covered call strike and expiry that balances yield against the risk of being called away. Our scanner ranks covered calls by annualized return, downside protection, and probability of profit, so selling MRK covered calls becomes a measured decision instead of a guess. Stop eyeballing the chain — let the best Merck & Co Inc covered calls come to you, already filtered for the metrics that matter.
Stock Statistics
- IndustryDrug Manufacturers - General
- SectorHealthcare
- IV percentile17.86% Subdued
- Market cap (M$)366,844
- 52 weeks high-5.24%
- 52 weeks low90.55%
- Analyst recommendationBuy
1.81 - Target price$153.76
3.41% above the current stock price - Dividend—
- Payout ratio45.05%
- Earnings date2026-10-29
- P/E118.85
- Future P/E15.60
- EPS (ttm)1.25
- EPS growth next 5 years5.40%
As of September 28, 2026
| 2026-10-02 | 7 | 195.00 | 31.07 | 0.01 | 0.07 | 4623.00 | 31.07 | 1620.22 | -0.01 | +0.01 | 13 | 0.06 |
| 2026-10-02 | 7 | 185.00 | 24.34 | 0.01 | 0.05 | 3623.00 | 24.35 | 1269.75 | -0.01 | +0.01 | 28 | 0.04 |
| 2026-10-02 | 7 | 182.50 | 22.66 | 0.01 | 0.23 | 3373.00 | 22.67 | 1182.13 | -0.01 | +0.02 | 19 | 0.22 |
| 2026-10-02 | 7 | 175.00 | 17.62 | 0.01 | 0.10 | 2623.00 | 17.63 | 919.28 | -0.01 | +0.01 | 74 | 0.09 |
| 2026-10-02 | 7 | 172.50 | 15.94 | 0.01 | 0.09 | 2373.00 | 15.95 | 831.66 | -0.01 | +0.01 | 45 | 0.08 |
| 2026-10-09 | 14 | 190.00 | 27.71 | 0.01 | 0.08 | 4123.00 | 27.71 | 722.49 | -0.01 | +0.01 | 3 | 0.07 |
| 2026-10-02 | 7 | 167.50 | 12.58 | 0.01 | 0.08 | 1873.00 | 12.59 | 656.43 | -0.01 | +0.02 | 152 | 0.07 |
| 2026-10-09 | 14 | 185.00 | 24.34 | 0.01 | 0.08 | 3623.00 | 24.35 | 634.88 | -0.01 | +0.01 | 31 | 0.07 |
| 2026-10-09 | 14 | 182.50 | 22.66 | 0.01 | 0.11 | 3373.00 | 22.67 | 591.07 | -0.01 | +0.01 | 37 | 0.10 |
| 2026-10-02 | 7 | 165.00 | 10.90 | 0.01 | 0.06 | 1623.00 | 10.91 | 568.81 | -0.01 | +0.01 | 217 | 0.05 |
As of September 28, 2026
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