Magna International, Inc. (MGA) Covered Calls
Magna International Inc. designs, develops and manufactures technologically-advanced automotive systems, assemblies, modules and components; and engineers and assembles complete vehicles for sale to original equipment manufacturers of cars.
You can sell covered calls on Magna International, 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 MGA (prices last updated Fri 4:16 PM ET):
| Magna International, Inc. (MGA) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 58.85 | -2.05 | 57.00 | 61.85 | 1.5M | 17 | 25 |
| Covered Calls For Magna International, Inc. (MGA) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Mar 20 | 60 | 1.00 | 60.85 | -1.4% | -34.1% | |
| Apr 17 | 60 | 2.10 | 59.75 | 0.4% | 3.4% | |
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Extended Business Description
Magna International, Inc. designs, develops and manufactures automotive systems, assemblies, modules and components, and engineers and assembles complete vehicles, primarily for sale to original equipment manufacturers of cars and light trucks in North America, Europe, Asia, South America and Africa. Its capabilities include producing body, chassis, interior, exterior, seating, powertrain, electronic, vision, closure and roof systems and modules, as well as complete vehicle engineering and contract manufacturing. Magna International was founded by Frank Stronach in 1957 and is headquartered in Aurora, Canada.
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Want more examples? MG Covered Calls | MGC 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.
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