International Bancshares Corporation (IBOC) Covered Calls

International Bancshares Corporation covered calls International Bancshares Corporation is a bank holding company which through its bank subsidiaries, IBC, Commerce Bank, IBC-Zapata and IBC-Brownsville, is engaged in the business of banking.

You can sell covered calls on International Bancshares 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 IBOC (prices last updated Mon 4:16 PM ET):

International Bancshares Corporation (IBOC) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
67.10 +0.57 26.48 68.42 468K 10 4.1
Covered Calls For International Bancshares Corporation (IBOC)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Mar 20 65 1.00 67.42 -3.6% -109.5%
Apr 17 65 2.00 66.42 -2.1% -19.2%
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Extended Business Description

International Bancshares Corp. operates as a financial holding company, which provides banking services for commercial, consumer and international customers of South, Central and Southeast Texas and the State of Oklahoma. The company through its subsidiaries: IBC, Commerce Bank, IBC-Zapata and IBC-Brownsville, is engaged in the business of banking, including the acceptance of checking and savings deposits and the making of commercial, real estate, personal, home improvement, automobile and other installment and term loans. The international banking business of the company includes providing letters of credit, making commercial and industrial loans, and providing a nominal amount of currency exchange. It also offers other related services, such as credit cards, travelers' checks, safety deposit, collection, notary public, escrow, drive-up and walk-up facilities and other customary banking services. The company was founded in 1979 and is headquartered in Laredo, TX.

 
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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.

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