Alcoa Corporation (AA) Covered Calls

Alcoa Corporation covered calls Alcoa Inc. is engaged in the production production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining etc.

You can sell covered calls on Alcoa 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 AA (prices last updated Tue 1:20 PM ET):

Alcoa Corporation (AA) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
36.01 -0.34 36.00 36.01 4.7M - 6.5
Covered Calls For Alcoa Corporation (AA)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
May 17 36 1.85 34.16 5.4% 78.8%
Jun 21 35 3.35 32.66 7.2% 43.8%
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Extended Business Description

Alcoa, Inc. engaged in lightweight metals engineering and manufacturing. Its products are used worldwide in aircraft, automobiles, commercial transportation, packaging, oil and gas, defense, and industrial applications. The company operates its business through four segments: Alumina, Primary Metals, Global Rolled Products and Engineered Products & Solutions. The Alumina segment consists of Alcoa's upstream operations and consists of the Company's worldwide refinery system, including the mining of bauxite, which is then refined into alumina. Alumina is mainly sold directly to internal and external smelter customers worldwide through agents, alumina traders, and distributors. The Primary Metals segment comprises of Alcoa's upstream operations and consists of the Company's worldwide smelter system. Primary Metals receives alumina, mostly from the Alumina segment, and produces primary aluminum used by Alcoa's fabricating businesses, as well as sold to external customers, aluminum traders, and commodity markets. The Global Rolled Products segment is involved in the production and sale of aluminum plate, sheet and foil. It includes rigid container sheet, which is sold directly to customers in the packaging and consumer market. The segment also includes sheet and plate used in the transportation, building and construction and distribution markets. The Engineered Products and Solutions segment is involved in the production and sale of titanium, aluminum and super alloy investment castings, hard alloy extrusions, forgings and fasteners, aluminum wheels, integrated aluminum structural systems and architectural extrusions. These products serve the aerospace, automotive, building and construction, commercial transportation, power generation and defense markets. Alcoa was founded by Charles Martin Hall on October 1, 1888 and is headquartered in New York, NY.