Direxion Daily S&P 500 Bear 1X Shares (SPDN) Covered Calls
You can sell covered calls on Direxion Daily S&P 500 Bear 1X 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 SPDN (prices last updated Wed 4:16 PM ET):
Direxion Daily S&P 500 Bear 1X Shares (SPDN) Stock Quote | ||||||
---|---|---|---|---|---|---|
Last | Change | Bid | Ask | Volume | P/E | Market Cap |
11.14 | +0.33 | 11.14 | 11.16 | 10.3M | - | 0.1 |
Covered Calls For Direxion Daily S&P 500 Bear 1X Shares (SPDN) | ||||||
---|---|---|---|---|---|---|
Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
Dec 20 | 11 | 0.05 | 11.11 | -1.0% | -121.7% | |
Jan 17 | 11 | 0.10 | 11.06 | -0.5% | -5.9% | |
Subscribers get access to the full covered call chain, and more features. |
Want to make money with covered calls? Sign Up For A Free Trial
Extended Business Description
The investment seeks daily investment results, before fees and expenses, of 100% of the inverse (or opposite) of the daily performance of the S&P 500® Index. The fund, under normal circumstances, invests in swap agreements, futures contracts, short positions or other financial instruments that, in combination, provide inverse (opposite) or short exposure to the index equal to at least 80% of the fund's net assets (plus borrowing for investment purposes). The index is a float-adjusted, market capitalization-weighted index. The fund is non-diversified.
Top 10 Open Interest For Dec 20 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA covered calls | 6. | EEM covered calls | 1. | NVDA covered calls | |
2. | SPY covered calls | 7. | IWM covered calls | 2. | RGTI covered calls | |
3. | XLF covered calls | 8. | KWEB covered calls | 3. | QUBT covered calls | |
4. | QQQ covered calls | 9. | TLT covered calls | 4. | MU covered calls | |
5. | FXI covered calls | 10. | TSLA covered calls | 5. | QBTS covered calls |
Want more examples? SPD Covered Calls | SPDV Covered Calls