Assurant, Inc. (AIZ) Covered Calls
Assurant, Inc. is a global provider of lifestyle and housing solutions that support, protect, and connect consumer purchases. The company operates through two primary segments: Global Lifestyle and Global Housing. It partners with leading brands to provide mobile device solutions, extended service contracts, vehicle protection services, lenders-placed homeowners insurance, and other specialty insurance products aimed at helping consumers protect their investments and lifestyle.
You can sell covered calls on Assurant, Inc. 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 AIZ (prices last updated Thu 4:16 PM ET):
| Assurant, Inc. (AIZ) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 218.26 | +1.93 | 218.31 | 229.93 | 288K | 13 | 11 |
| Covered Calls For Assurant, Inc. (AIZ) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Apr 17 | 220 | 1.50 | 228.43 | -3.7% | -84.4% | |
| May 15 | 220 | 5.70 | 224.23 | -1.9% | -15.8% | |
| 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
Assurant, Inc. is a Fortune 500 financial services company that provides a diverse range of specialty insurance products and risk management solutions. Unlike traditional life or health insurers, the firm focuses on niche markets where it can provide end-to-end services, ranging from mobile phone repair and replacement to specialized property insurance for homeowners and renters.
Core Business and Products
The Global Lifestyle segment is a significant driver of the company operations. This division partners with mobile carriers, retailers, and automobile manufacturers to offer protection plans and technical support. A major component of this segment is the mobile device protection business, which manages the entire lifecycle of a consumer device, including logistics, repair, and trade-in programs for millions of users worldwide.
In the Global Housing segment, the firm provides insurance products that protect the interests of both lenders and homeowners. This includes lender-placed homeowners insurance, which is activated when a homeowner policy lapses, as well as voluntary manufactured housing and renters insurance. By integrating technology with insurance underwriting, the company provides automated tracking services for mortgage lenders to ensure their collateral remains protected against physical damage.
Competitive Landscape
The company operates in a unique intersection of the insurance and consumer services industries. While it faces competition from broad-based insurance carriers, its specialized focus on "lifestyle" protection sets it apart. Key competitors that are publicly traded on major exchanges and feature active options include:
- Allstate Corp: A major personal lines insurer that competes in the homeowners and vehicle protection markets.
- Hartford Financial Services Group: A diversified insurance and investment company that provides various property and casualty products.
- Progressive Corp: A leader in the vehicle insurance market that also offers specialty property coverage through various partnerships.
- Travelers Companies: A large provider of property and casualty insurance for both individuals and businesses.
- Chubb Limited: A global insurer providing high-end property and casualty insurance, often competing in specialty and niche protection markets.
Strategic Outlook and Innovation
The company strategic direction is heavily focused on digital transformation and the expansion of its "connected" services. By investing in artificial intelligence and automated diagnostic tools, the firm aims to streamline the claims process for mobile and electronic devices. This focus on technology allows the company to integrate more deeply into the supply chains of its global partners, making its services an essential part of the consumer purchase experience.
Furthermore, the firm continues to adapt its housing portfolio to reflect modern living trends, such as the growth of the rental market. By expanding its renters insurance and property management software integration, the company seeks to capture a larger share of the residential housing market. The long-term goal is to maintain a capital-light business model that generates steady fee-based income alongside traditional insurance premiums, ensuring resilience across various economic cycles.
| Top 10 Open Interest For Apr 17 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | SLV covered calls | 6. | SPY covered calls | 1. | REPL covered calls | |
| 2. | EEM covered calls | 7. | TLT covered calls | 2. | CMPX covered calls | |
| 3. | NVDA covered calls | 8. | HYG covered calls | 3. | AVTX covered calls | |
| 4. | KWEB covered calls | 9. | EWZ covered calls | 4. | APLD covered calls | |
| 5. | QQQ covered calls | 10. | SOFI covered calls | 5. | OCUL covered calls | |
Want more examples? AIV Covered Calls | AJG Covered Calls
Risk Disclosure: Trading options involves significant risk and is not suitable for all investors. The information provided on this website is for educational and informational purposes only and does not constitute financial, investment, tax, or legal advice. Nothing contained on this site is an offer to buy or sell, or a solicitation of an offer to buy or sell, any securities or financial instruments.
Covered Call Strategy Risks: While covered call writing is often considered a conservative options strategy, it is not without risk. By selling a covered call, you are limiting your potential upside profit from the underlying stock. You remain exposed to the full downside risk of owning the underlying stock. In the event of a significant decline in the stock price, the premium received may not be sufficient to offset your losses.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
