Stack: SPXS
Direxion Daily S&P 500 Bear 3X Shares (SPXS) Covered Call Calculator
Estimate profit, loss, breakeven, and return for selling covered calls against Direxion Daily S&P 500 Bear 3X Shares stock you own.
⚙️ Trade Parameters for SPXS
Enter your SPXS trade parameters and click Calculate to see results.
How About Selling Calls on Direxion Daily S&P 500 Bear 3X Shares?
Selling covered calls on Direxion Daily S&P 500 Bear 3X Shares lets stockholders earn income from shares they already own. By selling a call option, you agree to sell SPXS at the strike price if it rises above that level, collecting a premium in exchange for capping upside.
Income Generation
Premiums from SPXS calls can meaningfully enhance your annual portfolio returns.
Downside Protection
The premium received lowers the effective cost basis of your SPXS shares.
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