SPAC and New Issue ETF (SPCX) Covered Calls

You can sell covered calls on SPAC and New Issue ETF 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 SPCX (prices last updated Wed 4:16 PM ET):

SPAC and New Issue ETF (SPCX) Stock Quote
Last Change Bid Ask Volume P/E Market Cap
23.61 +0.11 11.79 30.00 2K - 0.0
Covered Calls For SPAC and New Issue ETF (SPCX)
Expiration Strike Call Bid Net Debit Return
If Flat
Annualized
Return If Flat
Dec 20 24 0.00 30.00 -20.0% -2433.3%
Jan 17 24 0.00 30.00 -20.0% -235.5%
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Extended Business Description

The investment seeks to provide total return. In pursuing the fund's investment objective, the fund will at least 80% of its net assets (plus any borrowings for investment purposes) in units and shares of Special Purpose Acquisitions Corporations ('SPACs') that have a minimum capitalization of $100 million and companies that completed an initial public offering ('IPO') within the last two years. It may also invest in depositary receipts for cash management purposes or due to a lack of suitable investment opportunities, the fund may hold up to 20% of its net assets in cash or similar short-term, high-quality debt securities.