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 | ||||||
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Last | Change | Bid | Ask | Volume | P/E | Market Cap |
102.76 | -7.88 | 102.46 | 102.49 | 7.6M | - | 3.0 |
Covered Calls For Direxion Daily S&P 500 Bull 3X Shares (SPXL) | ||||||
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Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
May 16 | 103 | 9.30 | 93.19 | 10.0% | 140% | |
Jun 20 | 105 | 11.50 | 90.99 | 12.6% | 75.4% | |
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Top 10 Open Interest For May 16 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA covered calls | 6. | IWM covered calls | 1. | STLA covered calls | |
2. | SPY covered calls | 7. | GLD covered calls | 2. | HOOD covered calls | |
3. | TLT covered calls | 8. | FXI covered calls | 3. | VRT covered calls | |
4. | SLV covered calls | 9. | TSLA covered calls | 4. | UPST covered calls | |
5. | QQQ covered calls | 10. | KWEB covered calls | 5. | RIOT covered calls |
Want more examples? SPXE Covered Calls | SPXN Covered Calls