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 Mon 4:16 PM ET):

Direxion Daily S&P 500 Bull 3X Shares (SPXL) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
207.57 +8.97 207.38 207.42 2.5M - 5.3
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
Oct 17 207.5 2.25 205.17 1.1% 80.3%
Nov 21 210 9.10 198.32 4.6% 42.0%
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