Below, we've included levels for - 10%OTM listed puts, both 3m and 6m tenors.
MRK Puts
MRK Ref = $53.44
Expiry: November 2015
Strike Bid Ask
47.50 0.83 0.85
50.00 1.31 1.37
Expiry: April 2016
Strike Bid Ask
47.50 2.06 2.18
50.00 2.85 2.96
MRK Nov 47.50 put: implied volatility v. price (per contract)
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MRK Nov 50 put: implied volatility v. price (per contract)
( I.) Nut Nat (11.“0 (A) l5M X.50
■ (2J Woe (Ewa) 0.1 Lal
3040
2040
if.93
281:0
toe 21.326 if -SD
:9 it 1 3
hp ?U1> Sow 3914
034e7011: t1:24.
MRK Apr16 47.50 put: implied volatility v. price (per contract)
CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0060384
CONFIDENTIAL SDNY_GM_00206568
EFTA01368580