Mercury General Stock Options
| MCY Stock | USD 65.74 0.01 0.02% |
Mercury General's latest option contracts expiring on January 17th 2025 are carrying combined implied volatility of 0.58. The Mercury General option chain provides detailed quote and price information for the current Mercury General option contracts. It shows all of Mercury General's listed puts, calls, expiration dates, strike prices, and other pricing information.
In The Money vs. Out of Money Option Contracts on Mercury General
Analyzing Mercury General's in-the-money options over time can help investors to take a profitable long position in Mercury General regardless of its overall volatility. This is especially true when Mercury General's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Mercury General's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Mercury General's stock while costing only a fraction of its price.
Mercury General In The Money Call Balance
When Mercury General's strike price is surpassing the current stock price, the option contract against Mercury General stock is said to be in the money. When it comes to buying Mercury General's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Mercury General are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Mercury Current Options Market Mood
Mercury General's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Mercury Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Volume
Most options investors, including buyers and sellers of Mercury General's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Mercury General's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Mercury contract
Base on the Rule 16, the options market is currently suggesting that Mercury General will have an average daily up or down price movement of about 0.0363% per day over the life of the 2025-01-17 option contract. With Mercury General trading at USD 65.74, that is roughly USD 0.0238. If you think that the market is fully incorporating Mercury General's daily price movement you should consider buying Mercury General options at the current volatility level of 0.58%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Mercury |
Purchasing Mercury General options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Mercury calls. Remember, the seller must deliver Mercury General stock to the call owner when a call is exercised.
Mercury General Option Chain
When Mercury General's strike price is surpassing the current stock price, the option contract against Mercury General stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Mercury General's option chain is a display of a range of information that helps investors for ways to trade options on Mercury. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Mercury. It also shows strike prices and maturity days for a Mercury General against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | MCY250117C00040000 | 0 | 40.0 | 31.6 - 35.5 | 31.6 | In |
Call | MCY250117C00045000 | 0 | 45.0 | 26.6 - 30.5 | 26.6 | In |
Call | MCY250117C00050000 | 0 | 50.0 | 21.6 - 25.5 | 21.6 | In |
Call | MCY250117C00055000 | 0 | 55.0 | 16.9 - 20.3 | 16.9 | In |
Call | MCY250117C00060000 | 0 | 60.0 | 12.1 - 15.7 | 12.1 | In |
Call | MCY250117C00065000 | 0 | 65.0 | 7.1 - 12.0 | 7.1 | In |
Call | MCY250117C00070000 | 0 | 70.0 | 3.2 - 8.0 | 3.2 | In |
Call | MCY250117C00075000 | 0 | 75.0 | 0.7 - 4.9 | 0.7 | |
Call | MCY250117C00080000 | 0 | 80.0 | 0.0 - 4.8 | 4.8 | |
Call | MCY250117C00085000 | 0 | 85.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00040000 | 0 | 40.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00045000 | 0 | 45.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00050000 | 0 | 50.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00055000 | 0 | 55.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00060000 | 0 | 60.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00065000 | 0 | 65.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00070000 | 0 | 70.0 | 0.0 - 4.8 | 4.8 | |
Put | MCY250117P00075000 | 0 | 75.0 | 2.0 - 6.5 | 2.0 | In |
Put | MCY250117P00080000 | 0 | 80.0 | 5.6 - 10.0 | 5.6 | In |
Put | MCY250117P00085000 | 0 | 85.0 | 10.3 - 14.3 | 10.3 | In |
Mercury General Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
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Mercury Total Stockholder Equity
Total Stockholder Equity |
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Mercury General Corporate Directors
| James Ellis | Independent Director | Profile | |
| George Braunegg | Independent Director | Profile | |
| Christopher Graves | Chief Investment Officer, VP, Director and Member of Investment Committee | Profile | |
| Joshua Little | Independent Director | Profile |
Additional Tools for Mercury Stock Analysis
When running Mercury General's price analysis, check to measure Mercury General's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Mercury General is operating at the current time. Most of Mercury General's value examination focuses on studying past and present price action to predict the probability of Mercury General's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Mercury General's price. Additionally, you may evaluate how the addition of Mercury General to your portfolios can decrease your overall portfolio volatility.