Gerdau S.A. (GGB) Covered Calls
Gerdau S.A. is engaged in the production of crude steel and related long rolled products, drawn products and long specialty products.
You can sell covered calls on Gerdau S.A. 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 GGB (prices last updated Tue 4:16 PM ET):
| Gerdau S.A. (GGB) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 3.64 | +0.06 | 3.60 | 3.70 | 12.4M | 28 | 4.6 |
| Covered Calls For Gerdau S.A. (GGB) | ||||||
|---|---|---|---|---|---|---|
| Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
| Mar 20 | 2.5 | 0.75 | 2.95 | -15.1% | -501.0% | |
| Apr 17 | 2.5 | 0.80 | 2.90 | -13.7% | -128.2% | |
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Extended Business Description
Gerdau SA engages in the production, commercialization, and supply of steel products. It operates through the following segments: Brazil, North America, Latin America, Special Steel, and Iron Ore. The Brazil segment includes operations in Brazil except special steel; and the metallurgical and cooking coal operation in Colombia. Its products are rebar, bars, shapes, drawn products, billets, blooms, slabs, wire rod, and structural shapes. The North America segment deals with North American operations except those of Mexico and special steel. The Latin America segment involves Latin American operations except the operations in Brazil; and the metallurgical and cooking coal operation of Colombia. Its products are rebar, bars and drawn products. The Special Steel segment comprises special steel operations in Brazil, India, Spain, and the U.S. Its products are stainless steel, round, square and flat bars, and wire rod. The Iron Ore segment includes the iron ore operations in Brazil. The company was founded on November 20, 1961 and is headquartered in Porto Alegre, Brazil.
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Want more examples? GGAL Covered Calls | GGG Covered Calls
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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.
No Guarantee of Performance: Past performance is not indicative of future results. Any examples, calculations, or hypothetical scenarios presented on this site are for illustrative purposes only and do not guarantee future returns or outcomes. Market conditions, liquidity, and trading system failures can affect your ability to execute trades at desired prices.
You should consult with a qualified professional advisor and conduct your own due diligence before making any investment decisions. By using this website, you acknowledge that you are responsible for your own investment decisions and agree to release this site and its affiliates from any liability relating to your use of this information. See the OCC's Characteristics and Risks of Standardized Options for more info.
