Teekay Tankers Ltd. (TNK) Covered Calls

Teekay Tankers Ltd. covered calls The Company business is to own oil tankers and we employ a chartering strategy that seeks to capture upside opportunities in the spot market while using fixed-rate time charters to reduce downside risks.

You can sell covered calls on Teekay Tankers Ltd. 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 TNK (prices last updated Tue 1:10 PM ET):

Teekay Tankers Ltd. (TNK) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
57.20 -0.30 57.17 57.23 109K 3.9 1.9
Covered Calls For Teekay Tankers Ltd. (TNK)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Apr 19 55 2.15 55.08 -0.1% -9.1%
May 17 55 4.20 53.03 3.7% 42.2%
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Extended Business Description

Teekay Tankers Ltd. engages in the international marine transportation of crude oil and refined petroleum products through the operation of oil and product tankers. It provides marine services to the global oil and natural gas industries. The company owns a fleet of double-hull Aframax tankers, double-hull Suezmax tankers, product tankers and one very large crude carrier. Teekay Tankers was founded in October 2007 and is headquartered in Hamilton, Bermuda.