SPDR S&P 500 (SPY) Covered Calls
The investment seeks to correspond generally to the price and yield performance, before fees and expenses, of the S&P 500 Index. SPDR Trust is an exchange-traded fund that holds all of the S&P 500 Index stocks.
You can sell covered calls on SPDR S&P 500 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 SPY (prices last updated Fri 4:16 PM ET):
SPDR S&P 500 (SPY) Stock Quote | ||||||
---|---|---|---|---|---|---|
Last | Change | Bid | Ask | Volume | P/E | Market Cap |
375.70 | -2.76 | 374.38 | 374.39 | 85.2M | - | 359B |
Covered Calls For SPDR S&P 500 (SPY) | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
Feb 19 | 376 | 8.19 | 366.20 | 2.2% | 22.3% | |
Mar 19 | 376 | 11.82 | 362.57 | 3.3% | 18.8% | |
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Top 10 Open Interest For Feb 19 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | EEM covered calls | 6. | HYG covered calls | 1. | MP covered calls | |
2. | SPY covered calls | 7. | BAC covered calls | 2. | SURF covered calls | |
3. | AAPL covered calls | 8. | SLV covered calls | 3. | BNGO covered calls | |
4. | EWZ covered calls | 9. | F covered calls | 4. | BB covered calls | |
5. | QQQ covered calls | 10. | BABA covered calls | 5. | EBON covered calls |
Want more examples? SPXV Covered Calls | SPYB Covered Calls