Mercury General Stock Options Expiring on 21st of February
| MCY Stock | USD 50.09 1.90 3.94% |
Mercury General's latest option contracts expiring on February 21st 2025 are carrying combined implied volatility of 1.11 with a put-to-call open interest ratio of 6.48 over 33 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on February 21st 2025. The total put volume is at 3.9 K, with calls trading at the volume of 170. This yields a 23.01 put-to-call volume ratio.
Open Interest Against February 21st 2025 Option Contracts
Mercury General option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Mercury General's lending market. For example, when Mercury General's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Mercury General, he or she must hedge the risk by shorting Mercury General stock over its option's life.
2025-02-21
The chart above shows Mercury General's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Mercury General's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Mercury General's option, there is no secondary market available for investors to trade.
Mercury General Maximum Pain Price Across 2025-02-21 Option Contracts
Max pain occurs when Mercury General's market makers reach a net positive position across all Mercury General's options at a strike price where option holders stand to lose the most money. By contrast, Mercury General's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
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 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 0.0694% per day over the life of the 2025-02-21 option contract. With Mercury General trading at USD 50.09, that is roughly USD 0.0347. 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 1.11%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Mercury |
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 | MCY250221C00025000 | 1 | 25.0 | 23.8 - 27.8 | 25.0 | In |
Call | MCY250221C00040000 | 3 | 40.0 | 11.1 - 12.2 | 11.5 | In |
Call | MCY250221C00045000 | 120 | 45.0 | 7.1 - 8.8 | 9.0 | In |
Call | MCY250221C00050000 | 129 | 50.0 | 3.6 - 4.9 | 4.3 | Out |
Call | MCY250221C00055000 | 67 | 55.0 | 1.7 - 2.1 | 1.91 | Out |
Call | MCY250221C00060000 | 473 | 60.0 | 0.6 - 0.95 | 0.77 | Out |
Call | MCY250221C00065000 | 37 | 65.0 | 0.0 - 0.6 | 0.58 | Out |
Call | MCY250221C00070000 | 25 | 70.0 | 0.05 - 0.35 | 0.1 | Out |
Call | MCY250221C00075000 | 16 | 75.0 | 0.0 - 0.35 | 2.45 | Out |
Call | MCY250221C00080000 | 20 | 80.0 | 0.0 - 0.75 | 0.1 | Out |
Call | MCY250221C00085000 | 0 | 85.0 | 0.0 - 0.75 | 0.75 | |
Call | MCY250221C00090000 | 0 | 90.0 | 0.0 - 0.75 | 0.75 | |
Call | MCY250221C00095000 | 0 | 95.0 | 0.0 - 0.75 | 0.75 | |
Call | MCY250221C00100000 | 0 | 100.0 | 0.0 - 0.75 | 0.75 | |
Call | MCY250221C00105000 | 0 | 105.0 | 0.0 - 0.75 | 0.75 | |
Put | MCY250221P00020000 | 284 | 20.0 | 0.05 - 0.1 | 0.11 | Out |
Put | MCY250221P00025000 | 35 | 25.0 | 0.1 - 2.05 | 0.53 | Out |
Put | MCY250221P00030000 | 318 | 30.0 | 0.3 - 0.4 | 0.38 | Out |
Put | MCY250221P00035000 | 759 | 35.0 | 0.45 - 0.7 | 0.63 | Out |
Put | MCY250221P00040000 | 1066 | 40.0 | 1.0 - 1.15 | 1.1 | Out |
Put | MCY250221P00045000 | 1553 | 45.0 | 1.8 - 2.15 | 2.01 | Out |
Put | MCY250221P00050000 | 1235 | 50.0 | 3.5 - 4.2 | 3.6 | Out |
Put | MCY250221P00055000 | 509 | 55.0 | 5.5 - 6.7 | 6.39 | In |
Put | MCY250221P00060000 | 2 | 60.0 | 8.0 - 11.0 | 9.8 | In |
Put | MCY250221P00065000 | 6 | 65.0 | 13.1 - 16.8 | 13.8 | In |
Put | MCY250221P00070000 | 0 | 70.0 | 18.4 - 21.8 | 20.1 | In |
Put | MCY250221P00075000 | 10 | 75.0 | 23.3 - 26.8 | 28.0 | In |
Put | MCY250221P00080000 | 0 | 80.0 | 27.5 - 31.9 | 27.5 | In |
Put | MCY250221P00085000 | 0 | 85.0 | 32.5 - 37.0 | 32.5 | In |
Put | MCY250221P00090000 | 0 | 90.0 | 37.5 - 42.0 | 37.5 | In |
Put | MCY250221P00095000 | 0 | 95.0 | 42.5 - 46.8 | 42.5 | In |
Put | MCY250221P00100000 | 0 | 100.0 | 47.5 - 52.2 | 47.5 | In |
Put | MCY250221P00105000 | 0 | 105.0 | 52.5 - 56.9 | 52.5 | In |
Mercury General Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
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.