Energy Co Of Minas (CIG) Covered Calls

Energy Co Of Minas covered calls Energy Company of Minas Gerais is engaged in the generation, transmission and distribution of electricity. It generates electricity at 49 hydroelectric plants, four thermoelectric plants, and one wind farm.

You can sell covered calls on Energy Co Of Minas 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 CIG (prices last updated Wed 4:16 PM ET):

Energy Co Of Minas (CIG) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
3.53 -0.11 3.51 3.57 2.5M - 5.3B
Covered Calls For Energy Co Of Minas (CIG)
Expiration Strike Call Bid Net Debit Return
If Flat
Return If Flat
May 17 2.5 0.90 2.67 -6.4% -97.3%
Jun 21 2.5 1.00 2.57 -2.7% -16.7%
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Extended Business Description

Companhia Energ├ętica de Minas Gerais SA engages in the generation, transmission, distribution and sale of electricity, gas distribution, telecommunications and the provision of energy solutions. It operates through the following segments: Generation, Transmission, Distribution, and Other Businesses. The Generation segment engages in the generation of electricity through hydroelectric plants, thermoelectric plants and wind farms. The Transmission segment engages in the electric power transmission business, which consists of transporting electric power from the facilities where it broadcasted to the distribution networks for delivery to final users. The Distribution segment engages in the supply electricity to consumers in the state of Minas Gerais. The Other Businesses segment engages in the telecommunications, national and international energy solutions, and exploitation of natural gas. The company was founded by Juscelino Kubitschek de Oliveira on May 22, 1952 and is headquartered in Belo Horizonte, Brazil.