MRK · Wheel
Merck & Company, Inc. Common Stock (new) (MRK) wheel
The cash-secured put → assigned shares → covered call cycle for this ticker.
- Modelled strike
- $130.00
- Modelled premium
- $0.96
- Cash required
- $13,000.00
- Breakeven
- $129.04
- Downside buffer
- 9.6%
- Period return
- 0.7%
- Annualized return
- 13.1%
- Days to expiration
- 22
Update time unavailable
Loading graph — the exact table is available below.
$71.395Expiration P/L -$5,764.50Update time unavailable
Event / reference markers
- Spot: $142.79
- Expiry breakeven $129.04: $129.04
- sell put strike $130.00: $130.00
Exact data table
| Observation | Expiration P/L (USD) | Context | Updated |
|---|---|---|---|
| -$5,764.50 | Update time unavailable | ||
| -$5,621.71 | Update time unavailable | ||
| -$5,478.92 | Update time unavailable | ||
| -$5,336.13 | Update time unavailable | ||
| -$5,193.34 | Update time unavailable | ||
| -$5,050.55 | Update time unavailable | ||
| -$4,907.76 | Update time unavailable | ||
| -$4,764.97 | Update time unavailable | ||
| -$4,622.18 | Update time unavailable | ||
| -$4,479.39 | Update time unavailable | ||
| -$4,336.60 | Update time unavailable | ||
| -$4,193.81 | Update time unavailable | ||
| -$4,051.02 | Update time unavailable | ||
| -$3,908.23 | Update time unavailable | ||
| -$3,765.44 | Update time unavailable | ||
| -$3,622.65 | Update time unavailable | ||
| -$3,479.86 | Update time unavailable | ||
| -$3,337.07 | Update time unavailable | ||
| -$3,194.28 | Update time unavailable | ||
| -$3,051.49 | Update time unavailable | ||
| -$2,908.70 | Update time unavailable | ||
| -$2,765.91 | Update time unavailable | ||
| -$2,623.12 | Update time unavailable | ||
| -$2,480.33 | Update time unavailable | ||
| -$2,337.54 | Update time unavailable | ||
| -$2,194.75 | Update time unavailable | ||
| -$2,051.96 | Update time unavailable | ||
| -$1,909.17 | Update time unavailable | ||
| -$1,766.38 | Update time unavailable | ||
| -$1,623.59 | Update time unavailable | ||
| -$1,480.80 | Update time unavailable | ||
| -$1,338.01 | Update time unavailable | ||
| -$1,195.22 | Update time unavailable | ||
| -$1,052.43 | Update time unavailable | ||
| -$909.64 | Update time unavailable | ||
| -$766.85 | Update time unavailable | ||
| -$624.06 | Update time unavailable | ||
| -$481.27 | Update time unavailable | ||
| -$338.48 | Update time unavailable | ||
| -$195.69 | Update time unavailable | ||
| -$52.90 | Update time unavailable | ||
| -$0.00 | Update time unavailable | ||
| $89.89 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Spot reference | Update time unavailable | |
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable | ||
| $96.00 | Update time unavailable |
Black-Scholes from the published at-the-money implied volatility (one expected move out of the money). If assigned you buy 100 shares at the strike, an effective $129.04 per share after premium; the shares can keep falling.
Stage C would sell a $155.00 call for about $1.47, lowering the effective basis further.
Next steps
Data provenance
Figures are from published, reviewed research as of Oct 7, 2026, 4:00 PM EDT. Modelled option premiums use Black-Scholes with the published at-the-money implied volatility and are labelled as modelled, not as live quotes.