Mercantile Bank Corporation (MBWM) Covered Calls
Mercantile Bank Corp is a registered bank holding company. The Company, through its subsidiaries, provides banking, insurance and real estate services.
You can sell covered calls on Mercantile Bank 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 MBWM (prices last updated Wed 10:05 AM ET):
Mercantile Bank Corporation (MBWM) Stock Quote | ||||||
---|---|---|---|---|---|---|
Last | Change | Bid | Ask | Volume | P/E | Market Cap |
42.44 | -0.53 | 41.03 | 42.36 | 1K | 8.6 | 0.7 |
Covered Calls For Mercantile Bank Corporation (MBWM) | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
May 16 | 40 | 1.05 | 41.31 | -3.2% | -68.7% | |
Jun 20 | 40 | 1.85 | 40.51 | -0.3% | -2.1% | |
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Extended Business Description
Mercantile Bank Corp. is the bank holding company, which operates through its subsidiary Mercantile Bank of Michigan. It provides financial, commercial and retail banking services primarily to small- to medium-sized businesses and retail banking services in and around the Grand Rapids, Holland and Lansing areas. The company also offers Internet banking, personal banking and business banking services. Mercantile Bank was founded on July 15, 1997 and is headquartered in Grand Rapids, MI.
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