Merck call volume above normal and directionally bullish (TheFlyOnTheWall)
THE FLY 11:25 AM ET 7/16/2018
Bullish option flow detected in Merck with 7,178 calls trading, 1.5x expected, and implied vol increasing over 1 point to 19.71%. Jul-18 63 calls and Jul-18 63.5 calls are the most active options, with total volume in those strikes near 4,400 contracts. The Put/Call Ratio is 0.29. Earnings are expected on July 27th.