CURE Dividend Type Payments

Although CURE has no upcoming (meaning, Board-approved and announced) dividends, you can sell covered calls on Direxion Daily Healthcare Bull 3X Shares to create 12 extra dividend type payments per year to boost its yield. Let's look at some recent prices (last updated Fri 4:16 PM ET):

Direxion Daily Healthcare Bull 3X Shares (CURE)
Bid Ask Last Change Volume P/E Market Cap
57.93 58.53 57.90 +2.48 111K - 0.0B

CURE Dividend-Like Income Using Covered Calls

With CURE at 57.90, here's a table showing how big the annual "dividend" (ie. total annual call premium received) would need to be to attain 3%, 5%, and 10% annual yields. Also shown is the equivalent number of cents/day necessary to achieve each yield:

Annual Yield Annual Premium Cents/Day
3% 1.74 0.5
5% 2.90 0.8
10% 5.79 1.6

So now we need to find out of the money covered calls that pay at least the prescribed cents/day amount of time premium. That will generate income and, because they are out of the money, leave room for some upside potential on the stock. Here are some examples:

3% Yield On CURE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 65.00 0.20 29 0.7 6.47 (11.2%)
May 17 68.00 0.50 92 0.5 9.47 (16.4%)
5% Yield On CURE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 64.00 0.25 29 0.9 5.47 (9.4%)
May 17 66.00 1.40 92 1.5 7.47 (12.9%)
10% Yield On CURE Using Covered Calls
Expiration Strike Call Bid Days Cents/Day Upside Potential
Mar 15 62.00 0.60 29 2.1 3.47 (6.0%)
May 17 65.00 1.65 92 1.8 6.47 (11.2%)

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Top 10 Open Interest For Mar 15 Expiration     Top 5 High Yield
1.SPX dividend 6.EWZ dividend   1.ICPT dividend
2.EEM dividend 7.GE dividend   2.ROKU dividend
3.SPY dividend 8.XOP dividend   3.KPTI dividend
4.FXI dividend 9.BAC dividend   4.BHC dividend
5.QQQ dividend 10.JD dividend   5.VKTX dividend

Want more examples? CUR Dividend | CURO Dividend