Core Insights - Financial giants are showing a bullish sentiment towards Merck & Co, with 55% of traders being bullish and 44% bearish, indicating a positive outlook on the stock [1] - The predicted price range for Merck & Co over the last three months is between $65.0 and $90.0, suggesting significant investor interest within this territory [2] - Analysts have set a consensus target price of $95.0 for Merck & Co, reflecting a generally optimistic view despite some recent downgrades [10][11] Options Activity - A total of 9 unusual trades were identified for Merck & Co, with 4 puts valued at $268,018 and 5 calls valued at $429,832, highlighting active trading interest [1] - The largest options trades include a bearish call trade with a total value of $183.7K at a strike price of $90.00 and a bullish put trade valued at $145.3K at a strike price of $85.00 [8] - The trading volume for Merck & Co reached 3,711,859, with the stock price slightly increasing by 0.17% to $88.15, indicating ongoing market activity [13] Company Overview - Merck & Co specializes in pharmaceutical products across various therapeutic areas, including cardiometabolic diseases, cancer, and infections, with Keytruda being a significant contributor to sales [9] - The company also has a strong vaccine portfolio aimed at preventing pediatric diseases and human papillomavirus, alongside a range of animal health-related drugs [9] - Approximately 47% of Merck's sales are derived from the US human health sector, emphasizing its strong domestic market presence [9]
Looking At Merck & Co's Recent Unusual Options Activity - Merck & Co (NYSE:MRK)