Magellan Midstream (MMP) Covered Calls

Magellan Midstream covered calls The Company is mainly engaged in the transportation, storage and distribution of refined petroleum products.

You can sell covered calls on Magellan Midstream 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 MMP (prices last updated Wed 3:20 PM ET):

Magellan Midstream (MMP) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
61.84 -0.52 61.84 61.85 562K 11 14B
Covered Calls For Magellan Midstream (MMP)
Expiration Strike Call Bid Net Debit Return
If Flat
Return If Flat
Jun 21 62.5 0.10 61.75 0.2% 24.3%
Jul 19 62.5 0.90 60.95 1.5% 17.7%
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Extended Business Description

Magellan Midstream Partners LP is engaged in the transportation, storage and distribution of petroleum products, such as gasoline, diesel fuel and crude oil. The company operates through three segments: Refined Products, Crude Pipeline and Marine Storage. The refined products segment is comprised of its 9,500-mile refined products pipeline system with 53 terminals as well as 27 independent terminals not connected to the pipeline system and its 1,100-mile ammonia pipeline system. The crude oil segment comprises approximately 1,600 miles of crude oil pipelines and storage facilities with an aggregate storage capacity of approximately 21 million barrels, of which 12 million is used for leased storage. The marine storage segment consisting of five marine terminals located along coastal waterways with an aggregate storage capacity of approximately 26 million barrels. Magellan Midstream Partners was founded in August 2000 and is headquartered in Tulsa, OK.