Ball Corporation (BALL) Covered Calls
Ball Corporation is the world's largest manufacturer of sustainable aluminum packaging solutions for the beverage, personal care, and household products industries. After divesting its aerospace business, the firm focuses exclusively on its global aluminum packaging operations across North America, Europe, and South America. The company is a leader in circular economy initiatives, providing infinitely recyclable cans, bottles, and cups to a diverse global customer base of leading brands.
You can sell covered calls on Ball Corporation 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 BALL (prices last updated Fri 4:16 PM ET):
| Ball Corporation (BALL) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 67.29 | +0.57 | 66.66 | 67.89 | 1.9M | 26 | 18 |
| Covered Calls For Ball Corporation (BALL) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Feb 20 | 67.5 | 0.45 | 67.44 | 0.1% | 4.6% | |
| Mar 20 | 67.5 | 1.65 | 66.24 | 2.2% | 22.3% | |
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Ball Corporation is a global leader in metal packaging, specifically focused on the production of aluminum containers that support a circular economy. Following the sale of its aerospace division, the company has streamlined its operations to become a pure-play aluminum packaging provider. It operates dozens of manufacturing facilities across the globe, supplying some of the world’s most recognizable beverage and consumer goods brands. The company’s value proposition is built on the inherent sustainability of aluminum, which is infinitely recyclable and maintains a high scrap value, making it the preferred choice for brands aiming to meet ambitious ESG targets.
Core Business and Products
The company’s operations are categorized into regional and specialized packaging segments:
- Beverage Packaging (North and Central America): The largest segment, producing a wide variety of aluminum cans and bottles for soft drinks, beer, energy drinks, and sparkling water.
- Beverage Packaging (Europe & South America): Extensive operations that cater to regional demand for sustainable packaging, with a focus on high-growth emerging markets and the expansion of specialized can formats.
- Personal Care & Household: Produces aluminum aerosol cans for products such as deodorants and hairspray, as well as the infinitely recyclable Ball Aluminum Cup for large-scale venues and retail.
Competitive Landscape
Ball operates in a consolidated industry where scale and long-term customer contracts are critical. Its primary rivals include Crown Holdings and Ardagh Metal Packaging. The company also faces competition from alternative packaging materials like glass and plastic, though it maintains a competitive advantage as consumer preference shifts toward plastic-free options. Ball differentiates itself through its focus on capital discipline, superior operational efficiency through its specialized business systems, and its status as an innovation leader in lightweighting and specialty container shapes.
Strategic Outlook and Innovation
The strategic roadmap focuses on operational excellence and circularity. A major area of innovation is the development of next-generation lightweighting technologies that reduce the aluminum content per can, lowering both costs and the carbon footprint. The company is also prioritizing its climate transition plan, aiming for significant absolute emissions reductions and high recycled-content targets. Strategic efforts are underway to integrate advanced data analytics across its manufacturing floor to improve plant utilization and yield. By focusing on its core aluminum strength and leveraging its healthy balance sheet, the group aims to deliver consistent earnings growth and significant cash returns to its shareholders.
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