Steel Dynamics, Inc. (STLD) Covered Calls

Steel Dynamics, Inc. covered calls Steel Dynamics, Inc. together with its subsidiaries is a domestic manufacturer of steel products and metals recycler.

You can sell covered calls on Steel Dynamics, Inc. 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 STLD (prices last updated Thu 11:50 AM ET):

Steel Dynamics, Inc. (STLD) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
129.81 -0.12 129.74 129.87 430K 8.9 21
Covered Calls For Steel Dynamics, Inc. (STLD)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
May 17 130 3.90 125.97 3.1% 49.2%
Jun 21 130 6.50 123.37 5.3% 33.4%
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Extended Business Description

Steel Dynamics, Inc. is a diversified carbon-steel steel producer and metals recycler in the U.S. It produces a wide array of steel - beams, bars, steel sheet, and more. The company operates its business through the following segments: Steel Operations, Metals Recycling & Ferrous Resources Operations and Steel Fabrication Operations. The Steel Operations segment consist of its electric arc furnace mini-mills, producing steel from steel scrap, utilizing continuous casting, automated rolling mills, and various downstream finishing facilities. The Metals Recycling & Ferrous Resources Operations segment primarily includes its metals recycling operations, liquid pig iron production facility, and Minnesota iron operations. Its Metals Recycling operations represent metals sourcing and processing operations and are the most significant source of income in this segment. Its metals recycling operations sell ferrous metals to steel mills and foundries, and nonferrous metals, such as copper, brass, aluminum and stainless steel to ingot manufacturers, copper refineries and mills, smelters, and specialty mills. The Steel Fabrication Operations segment includes New Millennium Building Systems plants, which fabricate steel joists, trusses, girders, and decking used within the non-residential construction industry. Steel Dynamics was founded by Keith E. Busse, Mark D. Millett, Richard P. Teets and John C. Bates in August 1993 and is headquartered in Fort Wayne, IN.