Trade · Wolfe
MRK
Merck
Plan
- Cut
- Daily close below $145. Both gone.
- Take profit
- One at 160. One into Oct 10 / Oct 29, off 165.
- 2× Jan $150C. $12.14 roll + $12.15 add. Blended $12.145, $2,429. WS TFSA. Spot 150.22.
- Cut: close below $145, both. Jan 15 covers Oct 10 and Oct 29 with room after.
- Sell one at 160. Keep one into the PDUFA / print, off 165.
The take
2× Jan $150C, blended $12.145, $2,429. Cut $145 both.
One at 160. One into Oct 10 / Oct 29, off 165.
Expression
- 2× Jan ’27 $150C @ $12.145
$2,429 cost · 143d
Tape
Marking…
Stop
Close below $145
Gap shelf. Same stop on both lots.
Outlook
- INTerpath-001 Phase 3 — met both endpoints19 Aug · before expiry
- I-DXd PDUFA10 Oct · before expiry
- Q3 earnings (est.)29 Oct · before expiry
One at 160. One into Oct 10 / Oct 29. Cut $145 both.
News
Quiet on this name.