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 Fri 4:16 PM ET):
Direxion Daily S&P 500 Bear 1X Shares (SPDN) Stock Quote | ||||||
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Last | Change | Bid | Ask | Volume | P/E | Market Cap |
11.61 | -0.09 | 11.60 | 11.61 | 9.2M | - | 0.1 |
Covered Calls For Direxion Daily S&P 500 Bear 1X Shares (SPDN) | ||||||
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Expiration | Strike | Call Bid | Net Debit | Return If Flat |
Annualized Return If Flat |
|
May 16 | 12 | 0.15 | 11.46 | 1.3% | 21.6% | |
Jun 20 | 12 | 0.15 | 11.46 | 1.3% | 8.3% | |
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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 May 16 Expiration | Top 5 High Yield | |||||
---|---|---|---|---|---|---|
1. | NVDA covered calls | 6. | GLD covered calls | 1. | XYZ covered calls | |
2. | SPY covered calls | 7. | IWM covered calls | 2. | UPST covered calls | |
3. | TLT covered calls | 8. | FXI covered calls | 3. | MRNA covered calls | |
4. | SLV covered calls | 9. | TSLA covered calls | 4. | SNAP covered calls | |
5. | QQQ covered calls | 10. | IBIT covered calls | 5. | CGON covered calls |
Want more examples? SPD Covered Calls | SPDV Covered Calls