MERCURY GENERAL (MCY) Covered Calls

MERCURY GENERAL 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 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 Fri 4:16 PM ET):

MERCURY GENERAL (MCY) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
50.42 +0.02 45.37 63.76 172K 33 2.8B
Covered Calls For MERCURY GENERAL (MCY)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Nov 16 50 1.85 61.91 -19.2% -241.7%
Dec 21 50 2.10 61.66 -18.9% -107.8%
Subscribers get access to the full covered call chain, and more features.

Want to make money with covered calls?  Sign Up For A Free Trial


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.