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 Wed 4:16 PM ET):
| Direxion Daily S&P 500 Bull 3X Shares (SPXL) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 220.74 | +3.28 | 220.27 | 220.32 | 2.4M | - | 5.8 |
| 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 |
|
| Feb 20 | 220 | 3.60 | 216.72 | 1.5% | 183% | |
| Mar 20 | 220 | 11.60 | 208.72 | 5.4% | 63.6% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
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Extended Business Description
| Top 10 Open Interest For Feb 20 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA covered calls | 6. | SPY covered calls | 1. | CVNA covered calls | |
| 2. | SLV covered calls | 7. | QQQ covered calls | 2. | AMPL covered calls | |
| 3. | GLD covered calls | 8. | TSLA covered calls | 3. | BHC covered calls | |
| 4. | KWEB covered calls | 9. | TLT covered calls | 4. | AKAM covered calls | |
| 5. | IBIT covered calls | 10. | INTC covered calls | 5. | VIAV covered calls | |
Want more examples? SPXE Covered Calls | SPXN Covered Calls
