Titan Machinery Inc. (TITN) Covered Calls

Titan Machinery Inc. covered calls The company is engaged in the retail sale, service and rental of agricultural and industrial machinery through stores in North Dakota, South Dakota, Minnesota, Iowa, Nebraska, Montana and Wyoming.

You can sell covered calls on Titan Machinery 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 TITN (prices last updated Fri 4:16 PM ET):

Titan Machinery Inc. (TITN) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
14.88 +0.74 13.00 14.88 579K - 0.3
Covered Calls For Titan Machinery Inc. (TITN)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Apr 17 15 0.50 14.38 3.5% 44.1%
May 15 15 0.80 14.08 5.7% 36.5%
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Extended Business Description

Titan Machinery, Inc. owns and operates a network of full service agricultural and construction equipment stores in the United States and Europe. Its principal business activities include, new and used equipment sales, parts sales, repair and maintenance services and equipment rental and other activities. It is a retail dealer of Case IH Agriculture equipment and a major retail dealer of New Holland Agriculture, Case Construction and New Holland Construction equipment. The company operates through three business segments; Agriculture and Construction. The Agriculture segment sells, services, and rents machinery, and related parts and attachments, for uses ranging from large-scale farming to home and garden use in North America.. The Construction segment engages in the providing services includes heavy construction and light industrial machinery for commercial and residential construction, road and highway construction and mining. The International segment uses ranging from large-scale farming and construction to home and garden use to customers in Eastern Europe. It also includes export sales of equipment and parts to customers outside of the United States. Titan Machinery was founded in 1980 by David Joseph Meyer and is headquartered in West Fargo, ND.

 
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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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