Duke Energy Corporation (Holding Company) (DUK) Covered Calls

Duke Energy Corporation (Holding Company) covered calls Duke Energy is one of the largest energy holding companies in the U.S., serving 8.6 million electric and 1.7 million natural gas customers. Operating primarily in the Carolinas, Florida, and the Midwest, the firm is executing a massive $95B capital plan to modernize the grid and transition to cleaner energy. With a vast regulated asset base and a focus on reliability, Duke Energy remains a premier choice for utility investors seeking stable dividends and long-term growth.

You can sell covered calls on Duke Energy Corporation (Holding Company) 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 DUK (prices last updated Fri 4:16 PM ET):

Duke Energy Corporation (Holding Company) (DUK) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
128.20 +3.15 127.00 128.20 5.6M 20 98
Covered Calls For Duke Energy Corporation (Holding Company) (DUK)
Expiration Strike Call Bid Net Debit Return
If Flat		 Annualized
Return If Flat
Feb 20 130 0.25 127.95 0.2% 9.1%
Mar 20 130 1.65 126.55 1.3% 13.2%
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Duke Energy Corporation (DUK) is a pillar of the American utility landscape, serving as one of the largest energy holding companies in the United States. Headquartered in Charlotte, North Carolina, the company provides essential electricity and natural gas services to millions of customers across a diverse six-state footprint. Under the leadership of CEO Harry Sideris, who assumed the role in 2025, Duke Energy is navigating a "monumental" expansion phase, driven by the massive power requirements of new data centers and the ongoing transition to carbon-free generation.

Core Business and Operating Segments

  1. Electric Utilities and Infrastructure: This is the company’s largest segment, providing vertically integrated services in North Carolina, South Carolina, Florida, Indiana, Ohio, and Kentucky. Duke Energy owns approximately 55,100 megawatts of generation capacity, ranging from nuclear and natural gas to coal and renewables. The segment is characterized by its high-quality regulated asset base, which ensures predictable returns through state-approved rate structures.
  2. Gas Utilities and Infrastructure: Duke Energy serves nearly 1.7 million customers through its natural gas local distribution companies in the Carolinas, Tennessee, Ohio, and Kentucky. This segment includes Piedmont Natural Gas, providing critical heating and industrial fuel while investing in infrastructure modernization to reduce methane emissions and improve safety.
  3. Commercial Renewables (Legacy & Partnerships): While Duke has shifted its primary focus to regulated renewables, it maintains a footprint in non-regulated energy solutions through its Duke Energy One brand. This division offers specialized energy services, including resiliency solutions and infrastructure lighting, to commercial and industrial customers nationwide.

Competitive Landscape

Duke Energy operates in a heavily regulated environment where it holds geographic monopolies, but it competes for investor capital against other mega-cap utility giants. Its most direct peers are The Southern Company, another Southeast powerhouse, and NextEra Energy, the world leader in renewables. For investors seeking exposure to the data center "power surge," Duke is frequently compared to Dominion Energy and American Electric Power. All listed competitors are NYSE or NASDAQ-listed with highly liquid U.S. options markets.

Strategic Outlook and Innovation

Duke Energy’s 2026-2030 strategy is defined by an unprecedented $95 billion to $105 billion capital investment plan. This "all of the above" energy strategy is designed to meet accelerating load growth from advanced manufacturing and AI-driven data centers, particularly in the Carolinas. Key innovation efforts include the expansion of "self-healing" grid technology—which has already prevented millions of outage hours—and the exploration of small modular nuclear reactors (SMRs) to provide carbon-free baseload power by the late 2030s. Financially, Duke Energy targets a long-term EPS growth rate of 5-7%, supported by a robust 3.4% dividend yield. By balancing customer affordability with the need for massive grid hardening, Duke Energy remains a foundational "bond-proxy" holding for investors seeking reliable income and exposure to the long-term electrification of the U.S. economy.