Jackson Financial Inc. Class A (JXN) Covered Calls

Jackson Financial Inc. is a leading provider of retirement products and services for American savers. The company specializes in a comprehensive suite of annuities, including variable, fixed, and registered index-linked annuities, designed to help retail investors grow and protect their retirement income. Spun off from Prudential plc in 2021, Jackson operates through a highly efficient, scalable platform and maintains a dominant position in the U.S. annuity market.

You can sell covered calls on Jackson Financial Inc. Class A 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 JXN (prices last updated Tue 4:16 PM ET):

Jackson Financial Inc. Class A (JXN) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
115.78 +1.98 113.00 122.00 527K 16 7.9
Covered Calls For Jackson Financial Inc. Class A (JXN)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 115 4.30 117.70 -2.3% -209.9%
Mar 20 115 5.90 116.10 -0.9% -10.3%
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Jackson Financial Inc. is a premier financial services firm focused on helping Americans achieve financial freedom in retirement. Headquartered in Lansing, Michigan, the company is one of the largest writers of annuities in the United States. Jackson’s operations are built around a robust distribution network of over 120,000 appointed advisors and approximately 500 broker-dealer partners, enabling it to reach millions of households nearing or in retirement.

The company core operations are organized into three primary segments:

  1. Retail Annuities: The largest segment, offering variable, fixed index, and registered index-linked annuities (RILAs) that provide tax-deferred growth and guaranteed lifetime income options.
  2. Institutional Products: Focuses on traditional guaranteed investment contracts and funding agreements, providing steady returns for institutional clients.
  3. Closed Life and Annuity Blocks: Manages a diverse legacy portfolio of life insurance and annuity policies that are no longer actively sold but provide steady cash flow.

Competitive Landscape

Jackson Financial operates in a highly regulated insurance and retirement services market, competing for advisor shelf space and consumer assets. Its primary publicly traded rivals with active options markets include Equitable Holdings and Prudential Financial. The company also faces competition from Voya Financial and MetLife in the broader life insurance and retirement solutions space. Jackson distinguishes itself through its specialized focus on the U.S. retail annuity market and its industry-leading customer service, which has consistently earned top rankings for quality and efficiency.

Strategic Outlook and Innovation

The company strategic focus is centered on capital efficiency and the expansion of its high-growth RILA and fee-based annuity portfolios. Innovation efforts are driven by the "Jackson Platform," which uses advanced data analytics to help advisors model retirement outcomes and simplify the complex annuity selection process for clients. Strategic partnerships, such as the 2024 expansion into major bank distribution channels, are key to diversifying its reach beyond independent broker-dealers. The company is also investing in digital automation to lower its expense ratio while maintaining high risk-based capital (RBC) ratios. By maintaining a disciplined hedging strategy and a strong balance sheet, Jackson aims to provide consistent capital returns to shareholders while navigating various interest rate environments.