Direxion Daily S&P 500 Bear 1X Shares (SPDN) Covered Calls

You can sell covered calls on Direxion Daily S&P 500 Bear 1X 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 SPDN (prices last updated Fri 4:16 PM ET):

Direxion Daily S&P 500 Bear 1X Shares (SPDN) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
12.92 +0.11 12.92 12.93 7.0M - 0.1
Covered Calls For Direxion Daily S&P 500 Bear 1X Shares (SPDN)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
May 17 13 0.15 12.78 1.2% 15.1%
Jun 21 13 0.25 12.68 2.0% 11.4%
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Extended Business Description

The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of the S&P 500® Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.