Gladstone Land Corporation (LAND) Covered Calls

You can sell covered calls on Gladstone Land 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 LAND (prices last updated Thu 4:16 PM ET):

Gladstone Land Corporation (LAND) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
12.64 -0.06 12.52 12.96 105K - 0.5
Covered Calls For Gladstone Land Corporation (LAND)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
May 17 12.5 0.40 12.56 -0.1% -1.6%
Jun 21 12.5 0.55 12.41 1.1% 6.9%
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Extended Business Description

Gladstone Land is a publicly-traded real estate investment trust that invests in farmland and farm-related properties located in major agricultural markets in the U.S., which it leases to farmers, and pays monthly distributions to its stockholders. The Company reports the current fair value of its farmland on a quarterly basis; as of December 31, 2017, the estimated net asset value of the Company was $13.96 per share. Gladstone Land currently owns 74 farms, comprised of 63,175 acres in 9 different states across the U.S., valued at approximately $536 million. Its acreage is predominantly concentrated in locations where its tenants are able to grow fresh produce annual row crops, such as berries and vegetables, which are generally planted and harvested annually, as well as permanent crops, such as almonds, blueberries, and pistachios, which are planted every 10 to 20-plus years. The Company may also acquire property related to farming, such as cooling facilities, processing buildings, packaging facilities, and distribution centers. Gladstone Land has paid 60 consecutive monthly cash distributions on its common stock since its initial public offering in January 2013. The current per-share distribution is $0.04425 per month, or $0.531 per year. Additional information can be found at www.GladstoneLand.com and www.GladstoneFarms.com.