ALLETE (ALE) Covered Calls

ALLETE covered calls ALLETE, Inc. together with its subsidiaries, is engaged in the generation, transmission and distribution of electric power in the United States.

You can sell covered calls on ALLETE 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 ALE (prices last updated Fri 4:16 PM ET):

ALLETE (ALE) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
78.96 +0.33 78.96 78.98 121K 24 4.0B
Covered Calls For ALLETE (ALE)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Sep 21 80 0.75 78.23 1.0% 10.1%
Oct 19 80 1.20 77.78 1.5% 8.6%
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Extended Business Description

ALLETE, Inc. operates as an energy company, which provides electric and natural gas utility services. The company operates in two segments: Regulated Operations, and Investments & Other. The Regulated Operations segment includes its regulated utilities, Minnesota Power, Inc. and Superior Water, Light & Power Co., as well as the company's investment in American Transmission Co LLC, a Wisconsin-based regulated utility that owns and maintains electric transmission assets in parts of Wisconsin, Michigan, Minnesota and Illinois. The Investments & Other segment comprises primarily of BNI Coal Ltd., its coal mining operations in North Dakota, ALLETE Properties, LLC, the company's Florida real estate investment, and ALLETE Clean Energy, Inc., its business aimed at developing or acquiring capital projects that create energy solutions via wind, solar, biomass, hydro, natural gas, liquids, shale resources, clean coal and other clean energy innovations. The company was founded in 1906 and is headquartered in Duluth, MN.