Mercury General (MCY) Options Chain

NYSE: MCYFinanceProperty-Casualty InsurersUSD

102.75+0.46 (+0.45%)

At close: Oct 9, 4:00 PM ET · Delayed 15 min

Expiration date

Expiration: Mar 19, 2027
Days to expiration: 159
Share price: $102.75
Put/call ratio (OI): 0.01
Put/call ratio (volume): 0.01
ATM implied volatility: 40.2%
Expected move: ±$27.24
Open interest (C / P): 6.50K / 57

MCY options summary

The MCY options chain for the March 19, 2027 expiration lists 14 call and 6 put contracts, with 159 days until expiration. Open interest stands at 6,500 calls and 57 puts, a put/call ratio of 0.01, which is tilted bullish, with calls outnumbering puts. At-the-money implied volatility near the $105.00 strike is 40.2%, which implies the market expects a move of about ±$27.24 (26.5%) in Mercury General stock by expiration.

The most open interest sits at the $125.00 call (2.54K contracts) and the $100.00 put (19 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

MCY options chain · March 19, 2027

MCY calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
2	2	65.9%	50.94	47.00	50.70	55.00	—	—	—	—	—	—
1	—	61.2%	41.10	42.50	45.70	60.00	0.00	2.45	0.85	59.7%	10	13
9	2	55.3%	35.17	38.00	40.50	65.00	—	—	—	—	—	—
3	1	50.0%	35.60	33.00	35.90	70.00	—	—	—	—	—	—
—	—	—	—	—	—	75.00	0.60	1.40	1.50	40.6%	7	12
696	1	52.1%	22.70	24.10	27.00	80.00	0.10	3.60	1.82	48.5%	1	8
—	—	—	—	—	—	85.00	0.80	4.10	3.60	43.5%	1	4
1,093	1	47.7%	15.60	16.20	19.50	90.00	2.00	5.10	4.10	40.4%	1	1
1,440	941	43.9%	14.67	12.10	15.70	95.00	—	—	—	—	—	—
8	1	42.2%	8.70	9.20	12.70	100.00	5.00	8.40	7.50	36.4%	5	19
MCY $102.75
9	3	40.2%	6.00	6.60	9.90	105.00	—	—	—	—	—	—
1	—	39.4%	4.70	4.20	7.80	110.00	—	—	—	—	—	—
7	7	39.8%	4.10	2.45	6.30	115.00	—	—	—	—	—	—
2	1	36.9%	2.50	1.40	4.30	120.00	—	—	—	—	—	—
2,539	942	40.1%	2.19	0.30	4.00	125.00	—	—	—	—	—	—
690	1	40.9%	1.15	0.20	3.30	130.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the MCY put/call ratio?

For the March 19, 2027 expiration, the MCY put/call ratio based on open interest is 0.01 (57 puts vs 6,500 calls), and 0.01 based on today's volume. A ratio above 1 means more puts than calls.

What is MCY's implied volatility?

At-the-money implied volatility for MCY options expiring March 19, 2027 is about 40.2%, an annualized estimate of how much the market expects Mercury General stock to move.

How many MCY option expiration dates are there?

MCY has 4 listed expiration dates, from Oct 16, 2026 to Mar 19, 2027.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.