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%
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