MGP INGREDIENTS (MGPI) Covered Calls

MGP Ingredients, Inc is a producer of an integrated ingredients which has wheat starches and wheat proteins for food and non-food applications and Distillery products consist of food-grade alcohol, including beverage alcohol and industrial alcohol.

You can sell covered calls on MGP INGREDIENTS 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 MGPI (prices last updated Tue 4:16 PM ET):

MGP INGREDIENTS (MGPI) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
75.68 +1.98 3.61 79.49 98K 29 1.2B
Covered Calls For MGP INGREDIENTS (MGPI)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Oct 19 75 1.10 78.39 -4.3% -392.4%
Nov 16 75 4.40 75.09 -0.1% -1.1%
Subscribers get access to the full covered call chain, and more features.

Want to make money with covered calls?  Sign Up For A Free Trial


Extended Business Description

MGP Ingredients, Inc. is a holding company which operates through its subsidiaries: MGPI Processing, Inc. and MGPI of Indiana LLC. It produces certain distillery and ingredients products derived from corn and other feedstock including rye, barley, barley malt and milo and ingredient products which are derived from wheat flour, primarily to serve the packaged goods industry. The company operates its business through following segments: Distillery Products, Ingredient Solutions and Other. The Distillery Products segment consists of food grade alcohol, along with ethanol and distillers feed, which are co-products of distillery operations. The Ingredient Solutions segment consists primarily of specialty starches, proteins, commodity starches and commodity vital wheat gluten. The Other segment is comprised of plant-based biopolymers and composite resins produced and sold for use in the manufacture of eco-friendly products. Its business roots back to 1941 when it was started by Cloud L. Cray, Sr. and was founded in 2011 and is headquartered in Atchison, KS.