American Tower Corporation (REIT) (AMT) Covered Calls
American Tower Corporation is a leading independent owner, operator, and developer of multitenant communications real estate. The company primary business is the leasing of space on wireless and broadcast towers to wireless service providers, radio and television broadcast companies, and government agencies. With a vast portfolio of properties across the globe, AMT provides the essential infrastructure necessary for wireless connectivity, data transmission, and the expansion of 5G networks.
You can sell covered calls on American Tower Corporation (REIT) 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 AMT (prices last updated Fri 4:16 PM ET):
| American Tower Corporation (REIT) (AMT) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 192.10 | +3.91 | 188.60 | 192.50 | 3.4M | 30 | 88 |
| Covered Calls For American Tower Corporation (REIT) (AMT) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Feb 20 | 190 | 3.60 | 188.90 | 0.6% | 27.4% | |
| Mar 20 | 190 | 7.80 | 184.70 | 2.9% | 29.4% | |
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Core Business and Products
American Tower Corporation operates as a real estate investment trust (REIT), specializing in the infrastructure required for modern digital communication. Their core product consists of space on macro towers, which they lease to a variety of tenants under long-term contracts. These structures support equipment for cellular technologies, telephony, and data providers. In addition to physical towers, the company has expanded into the data center market to facilitate "edge" computing, providing the low-latency environment required for advanced digital applications.
Competitive Landscape
The tower industry is characterized by high barriers to entry due to zoning laws and the significant capital required for construction. AMT competes primarily with other large-scale infrastructure providers such as Crown Castle Inc. and SBA Communications Corporation. They also face competition from smaller regional tower owners and alternative technologies, though macro towers remain the most cost-effective solution for wide-area coverage. Other players in the broader infrastructure space include companies like Equinix and Digital Realty, which compete in the data center segment.
Strategic Outlook and Innovation
The company is focused on the global rollout of high-speed data networks. By investing in distributed antenna systems and small cell networks, they are positioning themselves to support denser urban connectivity. Innovation efforts are currently directed toward integrating renewable energy solutions at tower sites to reduce operational costs and carbon footprints. Furthermore, their strategy involves expanding their footprint in emerging markets where mobile penetration is still growing rapidly, ensuring a diversified revenue stream that is decoupled from any single geographic economy.
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