Mercury General Corporation (MCY) 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 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 MCY (prices last updated Thu 4:16 PM ET):

Mercury General Corporation (MCY) Stock Quote
Last	Change	Bid	Ask	Volume	P/E	Market Cap
94.76	+1.29	90.25	98.25	331K	12	5.2

Covered Calls For Mercury General Corporation (MCY)
Expiration	Strike	Call Bid	Net Debit	Return If Flat	Annualized Return If Flat
Feb 20	95	2.85	95.40	-0.4%	-16.2%
Mar 20	95	3.40	94.85	0.2%	2.0%
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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.

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