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 | ||||||
|---|---|---|---|---|---|---|
| Last | Change | Bid | Ask | Volume | P/E | Market Cap |
| 219.06 | -1.03 | 219.22 | 219.27 | 2.6M | - | 5.9 |
| 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 |
|
| Dec 19 | 220 | 3.30 | 215.97 | 1.5% | 110% | |
| Jan 16 | 220 | 7.50 | 211.77 | 3.5% | 38.7% | |
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| Top 10 Open Interest For Dec 19 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | NVDA covered calls | 6. | EEM covered calls | 1. | NKTR covered calls | |
| 2. | SPY covered calls | 7. | TLT covered calls | 2. | TE covered calls | |
| 3. | IBIT covered calls | 8. | TSLA covered calls | 3. | HUT covered calls | |
| 4. | IWM covered calls | 9. | SLV covered calls | 4. | TLRY covered calls | |
| 5. | QQQ covered calls | 10. | NFLX covered calls | 5. | BHVN covered calls | |
Want more examples? SPXE Covered Calls | SPXN Covered Calls
