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 Fri 4:16 PM ET):
| Direxion Daily S&P 500 Bull 3X Shares (SPXL) Stock Quote | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 216.41 | +0.08 | 216.33 | 216.39 | 3.1M | - | 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 | 217.5 | 5.00 | 211.39 | 2.4% | 110% | |
| Mar 20 | 215 | 13.50 | 202.89 | 6.0% | 60.8% | |
| 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. | OCUL covered calls | |
| 2. | GLD covered calls | 7. | QQQ covered calls | 2. | AXTI covered calls | |
| 3. | SLV covered calls | 8. | TLT covered calls | 3. | OPEN covered calls | |
| 4. | KWEB covered calls | 9. | INTC covered calls | 4. | CRWV covered calls | |
| 5. | IBIT covered calls | 10. | EWZ covered calls | 5. | IBRX covered calls | |
Want more examples? SPXE Covered Calls | SPXN Covered Calls
