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Tuesday, 03/13/2018 1:08:26 PM

Tuesday, March 13, 2018 1:08:26 PM

Post# of 110234
Merck calls lead puts 3:1 with focus on 55 strike (TheFlyOnTheWall)
THE FLY 10:30 AM ET 3/13/2018
Merck calls lead puts 3:1 with focus on 55 strike. 7K calls in first half hour of trading, vs 2K puts, with May 55 calls making up most of the volume, including an opening customer buyer paying $1.93 to $1.97 in a sweep of 5K when shares were $55.36. Might replace some of the 30K March 65s and 17K March 55 calls that are open.
Holding my shares in MRK.

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