a whale with a lot of money to spend has taken a noticeably bearish stance on merck  co looking at options history for merck  co nysemrk we detected 10 strange trades if we consider the specifics of each trade it is accurate to state that 300 of the investors opened trades with bullish expectations and 700 with bearish from the overall spotted trades 3 are puts for a total amount of 39332500 and 7 calls for a total amount of 27993300 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 650 to 1250 for merck  co over the last 3 months looking at the volume and open interest is a powerful move while trading options this data can help you track the liquidity and interest for merck  cos options for a given strike price below we can observe the evolution of the volume and open interest of calls and puts respectively for all of merck  cos whale trades within a strike price range from 650 to 1250 in the last 30 days merck  co option volume and open interest over last 30 days where is merck  co standing right now   with a volume of 543051200 the price of mrk is up 007 at 7233   rsi indicators hint that the underlying stock may be oversold   next earnings are expected to be released in 57 days options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you are already an options trader or would like to get started head on over to benzinga pro benzinga pro gives you uptodate news and analytics to empower your investing and trading strategy