The Andersons, Inc. (ANDE) Covered Calls

The Andersons, Inc. covered calls Andersons, Inc. is an entrepreneurial, customer-focused company with diversified interests in the agriculture and transportation markets.

You can sell covered calls on The Andersons, 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 ANDE (prices last updated Mon 2:05 PM ET):

The Andersons, Inc. (ANDE) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
64.45 +0.40 64.31 64.54 156K 23 2.2
Covered Calls For The Andersons, Inc. (ANDE)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Mar 20 65 0.55 63.99 0.9% 27.4%
Apr 17 65 1.30 63.24 2.4% 21.9%
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Extended Business Description

The Andersons, Inc. is a diversified company, which rooted in agriculture. It engages in railcar leasing and repair, turf products production and consumer retailing. The company operates through following segments: Grain, Ethanol, Rail, Plant Nutrient, Turf & Specialty and Retail. The Grain segment operates grain elevators in various states in the United States. It also offers unique grain marketing, risk management and corn origination services to customers and affiliated ethanol facilities. The Ethanol segment holds investments in four ethanol production facilities organized as separate limited liability companies. The Rail segment buys, sells, leases, rebuilds and repairs various types of used railcars and rail equipment. It also provides fleet management services to fleet owners. The Plant Nutrient segment manufactures and distributes a variety of industrial products throughout the U.S. and Puerto Rico including nitrogen reagents for air pollution control systems used in coal-fired power plants, and water treatment and dust abatement products. The Turf and Specialty segment is one of a very limited number of processors of corncob-based products in the United States. Corncob-based products are manufactured for a variety of uses, including laboratory animal bedding, private-label cat litter, as well as absorbents, blast cleaners, carriers and polishers. The Retail segment includes large retail stores operated as The Andersons and a specialty food market operated as The Andersons Market. The company was founded by Harold Anderson and Margaret Anderson in 1947 and is headquartered in Maumee, OH.

 
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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.

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