Direxion Daily S&P 500 Bull 3X Shares (SPXL) Covered Calls

The investment seeks daily investment results, before fees and expenses, of 300% of the performance of the S&P 500 Index. The fund creates long positions by investing at least 80% of its assets in the securities that comprise the S&P 500 Index.

You can sell covered calls on Direxion Daily S&P 500 Bull 3X Shares 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 SPXL (prices last updated Tue 1:20 PM ET):

Direxion Daily S&P 500 Bull 3X Shares (SPXL) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
191.62 +0.45 191.62 191.64 1.2M - 5.1
Covered Calls For Direxion Daily S&P 500 Bull 3X Shares (SPXL)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Sep 19 192 6.70 184.94 3.6% 52.6%
Oct 17 192 10.10 181.54 5.6% 38.6%
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