Mercury General Corp (MCY) Covered Calls

Mercury General Corp 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 Corp 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 1:55 PM ET):

Mercury General Corp (MCY) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
55.68 +0.32 55.61 55.67 87K - 0.0B
Covered Calls For Mercury General Corp (MCY)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Dec 21 55 1.20 54.47 1.0% 36.5%
Jan 18 55 2.10 53.57 2.7% 25.9%
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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.