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 Tue 10:00 AM ET):
SPDR S&P 500 (SPY) Stock Quote | ||||||
---|---|---|---|---|---|---|
Last | Change | Bid | Ask | Volume | P/E | Market Cap |
521.30 | +0.39 | 521.28 | 521.29 | 6.9M | - | 446 |
Covered Calls For SPDR S&P 500 (SPY) | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
May 17 | 521 | 3.56 | 517.73 | 0.6% | 54.8% | |
Jun 21 | 521 | 9.66 | 511.63 | 1.8% | 16.8% | |
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Top 10 Open Interest For May 17 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | QQQ covered calls | 6. | FXI covered calls | 1. | OKLO covered calls | |
2. | IWM covered calls | 7. | EEM covered calls | 2. | NOVA covered calls | |
3. | SPY covered calls | 8. | NVDA covered calls | 3. | MNDY covered calls | |
4. | HYG covered calls | 9. | SLV covered calls | 4. | IEP covered calls | |
5. | TSLA covered calls | 10. | AMZN covered calls | 5. | HUT covered calls |
Want more examples? SPXV Covered Calls | SPYC Covered Calls