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 2:30 PM ET):

Direxion Daily S&P 500 Bull 3X Shares (SPXL) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
160.88 +4.32 160.88 160.94 1.7M - 4.2
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
Jun 20 161 3.00 157.94 1.9% 139%
Jul 18 161 7.40 153.54 4.8% 53.1%
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