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