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 |
| 227.86 | +7.86 | 228.08 | 228.10 | 4.1M | - | 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 |
|
| Nov 21 | 227.5 | 7.90 | 220.20 | 3.3% | 46.3% | |
| Dec 19 | 230 | 11.30 | 216.80 | 5.2% | 35.1% | |
| Subscribers get access to the full covered call chain, and more features. | ||||||
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| Top 10 Open Interest For Nov 21 Expiration | Top 5 High Yield | |||||
|---|---|---|---|---|---|---|
| 1. | IBIT covered calls | 6. | TLT covered calls | 1. | GHRS covered calls | |
| 2. | KVUE covered calls | 7. | HYG covered calls | 2. | DNUT covered calls | |
| 3. | NVDA covered calls | 8. | EEM covered calls | 3. | BHVN covered calls | |
| 4. | SLV covered calls | 9. | QQQ covered calls | 4. | ALGN covered calls | |
| 5. | GLD covered calls | 10. | SPY covered calls | 5. | UPST covered calls | |
Want more examples? SPXE Covered Calls | SPXN Covered Calls
