SPDR S&P 500 (SPY) Covered Calls
The investment seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks.
You can sell covered calls on SPDR S&P 500 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 SPY (prices last updated Wed 1:00 PM ET):
SPDR S&P 500 (SPY) Stock Quote | ||||||
---|---|---|---|---|---|---|
Last | Change | Bid | Ask | Volume | P/E | Market Cap |
528.54 | +5.24 | 528.53 | 528.54 | 25.1M | - | 448 |
Covered Calls For SPDR S&P 500 (SPY) | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
May 17 | 529 | 1.76 | 526.78 | 0.3% | 36.5% | |
Jun 21 | 529 | 8.39 | 520.15 | 1.6% | 15.4% | |
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Top 10 Open Interest For May 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | QQQ covered calls | 6. | FXI covered calls | 1. | NOVA covered calls | |
2. | IWM covered calls | 7. | EWZ covered calls | 2. | GOOS covered calls | |
3. | SPY covered calls | 8. | EEM covered calls | 3. | OKLO covered calls | |
4. | HYG covered calls | 9. | NVDA covered calls | 4. | ABR covered calls | |
5. | TSLA covered calls | 10. | TLT covered calls | 5. | BYON covered calls |
Want more examples? SPXV Covered Calls | SPYC Covered Calls