Mercury General Corporation (MCY) Covered Calls
Mercury General Corporation and its subsidiaries are engaged in writing automobile insurance in a number of states, mainly California. It also writes homeowners, mechanical breakdown, fire, umbrella, and commercial automobile and property insurance.
You can sell covered calls on Mercury General Corporation to lower risk and earn monthly income. Born To Sell's covered call screener gives you customized search capabilities across all possible covered calls but here are a couple of examples for MCY (prices last updated Wed 4:16 PM ET):
Mercury General Corporation (MCY) Stock Quote | ||||||
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Last | Change | Bid | Ask | Volume | P/E | Market Cap |
67.41 | -3.15 | 64.34 | 69.70 | 324K | 7.0 | 3.9 |
Covered Calls For Mercury General Corporation (MCY) | ||||||
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Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
Dec 20 | 65 | 0.90 | 68.80 | -5.5% | -669.2% | |
Jan 17 | 65 | 2.05 | 67.65 | -3.9% | -45.9% | |
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Extended Business Description
Mercury General Corp. is a broker and agency writer of automobile insurance in California. It engages in writing personal automobile insurance through insurance subsidiaries. The company also writes homeowners, commercial automobile and property, mechanical breakdown, fire, and umbrella insurance. It provides following types of coverage to the automobile policyholders: collision, property damage liability, bodily injury liability, comprehensive, personal injury protection, underinsured and uninsured motorist, and other hazards. The company was founded by George Joseph in 1961 and is headquartered in Los Angeles, CA.
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