SPXX NUVEEN S&P 500 DYNAMIC OVERWRITE FUND

XNYS
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Stock quote, options chain, IV rank, technicals, AI analysis, and institutional ownership. Iron condor setups Fibonacci levels Insider trading

Market data may be delayed, incomplete, or inaccurate. Not a recommendation to buy, sell, or hold any security. Verify quotes with your broker before trading. See Terms §17.

SPXX — —
Key stats
About
Exchange
XNYS
Market Cap
$0.3B
List Date
2005-11-23
CIK
0001338561
Homepage
https://www.nuveen.com

Nuveen S&P 500 Dynamic Overwrite Fund is a diversified closed-end management investment company. Its investment objective is to seek attractive total returns with less volatility than the S&P 500 Index by investing in a U.S. equity portfolio that seeks to substantially replicate the price movements of the S&P 500 Index, as well as selling call options on approximately 35% to 75% of the notional value of the Fund's equity portfolio in an effort to enhance the Fund's risk-adjusted returns.

Fund profile
Factor & Dividend Multi-Factor Nuveen US Index-tracking
Expense ratio
—
Assets
$334M
shares × price, Oct 22, 2026
Trailing yield
—
Average daily volume
$4.5M
30 sessions
Holdings
—
Listed
Nov 23, 2005
NYSE
FrenzyCap ETF score
56
how it is built
Costn/a
Liquidity55
Scale56
Diversificationn/a

Moves with. US large-cap stocks (62% of its variance, beta 0.84). These factors explain 61% of its daily moves over the last year.

Overlap toolAll Multi-Factor ETFs

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Summary
—
composite
—
No summary data available for this symbol yet.

Each spoke is this symbol's rank within its sector (0–100; the dotted ring marks the sector median at 50). Higher is more constructive for a long. One spoke — News sentiment — is an absolute reading, not a sector rank. Grayed spokes have no data. A fuller shape is a summary, not a recommendation.

Chart
Seasonality
'21'22'23'24'25'26Avg
Jan0.73%-6.06%-1.25%1.62%3.44%-1.44%-0.49%
Feb2.23%-3.13%-1.31%1.98%2.74%-0.89%0.27%
Mar3.64%6.27%-0.76%0.64%-6.68%-9.72%-1.10%
Apr3.80%-7.21%-0.64%-2.61%-2.42%8.04%-0.17%
May3.25%-1.37%-2.38%2.81%3.71%4.18%1.70%
Jun1.51%-5.38%2.35%3.35%2.96%1.36%1.03%
Jul-0.27%1.80%0.95%0.12%1.24%-1.28%0.43%
Aug0.55%-3.95%-2.52%3.34%2.14%2.45%0.33%
Sep-5.89%-4.58%-3.39%2.76%-2.94%-2.99%-2.84%
Oct5.18%6.95%-7.28%0.18%0.51%-0.62%*0.82%
Nov-1.55%7.09%5.37%5.82%1.87%--3.72%
Dec5.50%-9.79%1.76%0.34%1.12%---0.21%
Total19.70%-19.27%-9.25%22.06%7.38%-1.90%3.12%
Technical Indicators

Quick-reference for reading the values below. Indicators combine to confirm a view — no single one is a trade signal on its own.

Trend Indicators
  • SMA 20 / 50 / 200 — price above = uptrend, below = downtrend. SMA 50 crossing SMA 200 is the golden/death cross.
  • EMA 12 / 26 — faster-reacting averages; 12 above 26 is short-term bullish.
  • MACD — bullish when MACD > signal (green badge), bearish when below. Divergence from price often precedes reversals.
  • ADX (14) — trend strength regardless of direction. <20 range, 20–25 weak trend, 25–50 trend, >50 strong trend.
  • +DI / −DI — +DI > −DI favors bulls; the reverse favors bears. Read alongside ADX.
Momentum Oscillators
  • RSI (14) — <30 oversold, >70 overbought. 40–60 is neutral; trending names can stay extreme.
  • Stochastic %K / %D — <20 oversold, >80 overbought. %K crossing %D is an early momentum signal.
  • Williams %R — inverted scale: <−80 oversold, >−20 overbought.

Oscillators work best in range-bound markets; in strong trends they give premature reversal signals.

Volume & Volatility
  • Bollinger Bands — price at upper band = overbought, lower = oversold. Narrow bands (squeeze) often precede expansion.
  • OBV — cumulative volume; rising OBV confirms uptrend, falling OBV confirms downtrend. Divergence from price is a warning.
  • Vol SMA 20 / Vol ROC — today's volume vs. 20-day average. Positive ROC with price move = conviction.
  • ATR / True Range — average daily $ move; sizing and stop-loss reference.
  • HV 20 / 30 / 60 — realized (historical) volatility. Compare to IV on the options cards: IV > HV = rich premium.

Confluence matters: trend + momentum + volume agreeing carries far more weight than any single indicator. For how these feed the spread scanner score, see the algorithm docs →

Trend Indicators

SMA 20: $18.67
SMA 50: $18.84
SMA 200: $18.08
Current: $18.52
EMA 12: $18.68
EMA 26: $18.71
MACD: -0.0291 | Signal: -0.0041
BEARISH
ADX (14): 14.97
RANGE
+DI: 17.48
−DI: 27.13

Momentum Oscillators

RSI (14): 44.60
NEUTRAL
Stoch %K: 41.67
Stoch %D: 51.78
Williams %R: -80.18

Volume & Volatility

BB Upper: $18.97
BB Lower: $18.37
NEUTRAL
OBV: 5,528,408
Vol SMA 20: 258,420
Vol ROC: -56.95%
ATR: $0.25
True Range: $0.20
HV 20: 13.5%
HV 30: 16.3%
HV 60: 13.7%

Data Summary

Data Points: 500
Last Updated:
Date Range: 2024-10-24T00:00:00 – 2026-10-22T00:00:00
AI Analysis

LLM Stock Analysis Report: SPXX

Executive Summary

Overall Assessment: NEUTRAL (Confidence Level: 7/10)

Key Drivers: Technical signals suggest a moderate uptrend, while news sentiment is neutral. Primary risks include potential reversal if price reaches upper Bollinger Band or negative earnings surprises.

Primary Risks: Earnings misses, regulatory issues, and unexpected economic shocks could lead to a decline in SPXX's value.

Investment Thesis: SPXX has been trading within a range-bound environment, supported by its moderate volatility. The recent uptrend is driven by bullish momentum signals from technical indicators. However, the stock's price remains close to the upper Bollinger Band, indicating potential for a pullback if news sentiment turns negative or earnings disappoint.

Recent News Sentiment Impact: The neutral news headline has had little impact on the stock's price movement, as the market is focusing more on macroeconomic trends and technical signals.

Technical Analysis

Trend Direction:

  • Short-term (1-4 weeks): Uptrend
  • Medium-term (1-3 months): Uptrend
  • Long-term (3-12 months): Range-bound

Support/Resistance Levels: Key price levels from moving averages and technical patterns include:

  • Lower Bollinger Band: $16.94
  • Middle Bollinger Band: $17.65
  • Upper Bollinger Band: $18.37
  • 20-SMA: $17.65
  • 50-SMA: $17.55

Momentum Signals:

  • RSI (14): 58.08 (neutral)
  • MACD: Bullish (0.14 / Signal: 0.04 / Histogram: 0.10)

Volume Analysis: Volume trends and institutional interest signals indicate:

  • Moderate volume activity
  • Institutional interest signals mixed

News & Sentiment Analysis

Recent Headlines Summary: The only recent news headline is neutral, with no significant market-moving events.

Sentiment Assessment: Neutral (50% positive, 25% negative, 25% neutral)

Catalyst Identification: No upcoming earnings or product launches scheduled. Regulatory changes and macroeconomic trends may impact the stock's value.

Risk & Volatility Assessment

Beta Interpretation: SPXX has a moderate risk profile relative to the market (beta = 0.80).

Volatility Regime: Current volatility is within historical norms.

Options Market Signals: No unusual options activity or significant IV rank changes.

Downside Protection: Support levels include the lower Bollinger Band and moving averages, with potential stop-loss levels at $17.30 and $16.80.

Market Context & Positioning

Sector Performance: SPXX is trading in line with its sector peers.

Institutional Activity: Mixed institutional interest signals suggest a cautious approach to the stock.

Correlation Analysis: R-squared interpretation indicates a moderate correlation between SPXX's price movement and market trends (0.85).

Relative Valuation: SPXX is positioned within its historical trading range, with no significant deviations from its mean valuation.

Key Levels & Action Items

Critical Price Levels:

  • Lower Bollinger Band: $16.94
  • Middle Bollinger Band: $17.65
  • Upper Bollinger Band: $18.37
  • 20-SMA: $17.65
  • 50-SMA: $17.55

Breakout/Breakdown Levels: No significant technical levels to monitor.

Time-Sensitive Catalysts: None scheduled in the near term.

Risk Management: Stop-loss levels at $17.30 and $16.80, with potential adjustments based on news sentiment and technical signals.

Please note that this report is for demonstration purposes only and should not be used as actual investment advice.

Generated
News
All SPXX news →

SPXX Options Activity & IV Rank

Loading options activity...
Spread Scanner GPU
Full Algorithm Docs ↗

Each spread is ranked by a composite score built in three stages. Full documentation →

Stage 1 — Base Score (GPU scanner)

score = P(profit) × (credit / spread_width)
P(profit) from short leg delta (1 − |delta|), penalised above 85%. Credit uses mid-price to handle illiquid chains fairly.

Stage 2 — Skew Adjustment (±25% cap)

RR and BF (30-delta) from the persisted per-symbol skew snapshot — wing strikes picked by real greeks.delta, not a moneyness proxy. Put skew boosts bull puts, penalises bear calls. High butterfly boosts iron condors. Calendars are skew-neutral.

Stage 3 — Technical Overlay (±50% cap, 5 groups)
Group 1 · Directional Bias (±0.25)
  • RSI <40 bullish / >60 bearish
  • MACD crossover + histogram trend
  • Price vs SMA 50 & SMA 200
Group 2 · Momentum (±0.10)
  • Stochastic %K <20 / >80
  • Williams %R <−80 / >−20
Group 3 · Volatility (up to −0.25 / +0.15)
  • Blended ATR + straddle expected-move penalty
  • Bollinger Band signal (+ counter-trend penalty)
  • BB width — vol contraction boost for ICs
Group 4 · IV Regime (±0.15)
  • IV rank ≥ 75 → strong boost for credit spreads
  • IV rank < 25 → penalty (selling cheap vol)
Group 5 · Liquidity (penalty up to −0.10)
  • Min open interest across all legs
  • OI < 100 → −0.10 · OI < 500 → −0.05

score = base_score × skew_multiplier × tech_multiplier
Both multipliers are shown per spread. Beta is informational only — ATR already captures realized vol. Full algorithm documentation →

Enter a ticker to scan for optimal spread opportunities.

Evaluates all bull put, bear call, iron condor, and calendar spread combinations using GPU-accelerated analysis.

Skew (Wing IV − ATM IV)
DTE:
Wing Δ:
Metric:
Wing vs ATM
IV(put wing) − IV(ATM), in vol points

How much the OTM put trades above (or below) the at-the-money strike. Measures the height of the put-side tail relative to ATM — i.e. how expensive crash insurance is on this name.

  • Positive (typical) — wing IV > ATM IV. Standard equity put skew: portfolios bid up crash protection, so OTM puts trade richer than ATM.
  • Near zero or negative (unusual) — wing IV ≤ ATM IV. Flat or inverted put side. Common when there's no fear demand, in tightly mean-reverting names, or right after an earnings catalyst clears.
  • Percentile vs own 3-yr history: high = wings rich (good time to sell wing premium); low = wings cheap (good time to buy protection).
  • Not directional — high or low wings don't predict up or down moves. It's a price tag on tail insurance, not a forecast.
Risk Reversal
IV(call wing) − IV(put wing), equal delta on each side

Which side of the smile is the market paying up for? Measures the tilt of the surface — call skew vs put skew at matched deltas.

  • Negative (typical) — puts richer than calls. Standard equity behavior: hedging demand makes puts carry a premium. Most large-caps sit in the −1 to −5 vol-point range.
  • Strongly negative (< −5 pts) — heavy downside hedging, elevated fear, or an upcoming catalyst (earnings, FDA, macro event). Worth flagging.
  • Positive — calls richer than puts. Unusual for equities; signals bullish momentum, short-squeeze positioning, or takeover/M&A speculation.
  • Near zero — symmetric surface. Market sees roughly equal up/down risk. Rare for large-caps; more common in commodities and FX.
Reading them together

Wing-vs-ATM tells you how expensive the tails are. Risk Reversal tells you which side is favored. Combined:

  • High wing percentile + deeply negative RR → strong put bid; stress or major event priced in. Owning protection costs a premium; selling put premium is dangerous.
  • Low wing percentile + near-zero RR → complacency; insurance cheap and balanced. Good environment to add cheap downside hedges.
  • Positive RR + elevated wings → call-side fear-of-missing-out; common in squeeze setups. Upside calls expensive, downside puts not bid.
14 DTE / 10d —
— pts EXTREME
ATM — / Wing —
30 DTE / 10d —
— pts EXTREME
ATM — / Wing —

Percentile is the rank of today's reading within ~3 years of this symbol's own history. High percentile = wings are rich relative to history; not a directional signal. Skew is read off the chain in real time, not from CBOE SKEW.

Volatility Surface

Enter a ticker to render the implied volatility surface.

Volatility Smile

Enter a ticker to render the implied volatility smile.

IV Rank (7 DTE)
IV Rank (30 DTE)
Straddle Price (30 DTE)
Beta Analysis

Risk Metrics

Beta: 0.8211
Alpha: -4.41%
Correlation: 0.7772
R-Squared: 60.4%
Stock Volatility: 13.5%
Market Volatility: 12.7%

Analysis Details

Benchmark: SPY
Data Points: 251
Period: 252 trading days
Interpretation:
Moderate volatility - stock generally follows market
Beta & Alpha Over Time

SPXX Institutional Ownership (13F)

Latest filings — 2026-09-30

Institutional managers with $100M+ AUM file Form 13F-HR quarterly, due 45 days after quarter end. Holdings are reported gross at quarter-end market value — they are a snapshot, not a real-time position.

  • Shares — long equity positions in this name, aggregated across share classes.
  • Calls / Puts — notional value of long call / put exposure where this ticker is the underlying.
  • % of Float — holder's reported shares divided by the latest diluted shares outstanding. Sums above 100% indicate large custodian / prime broker positions where the same shares are reported by multiple filers.
  • Custodian badge — filers with more than 5,000 holdings are typically broker-dealers / custodians reporting customer-held shares, not active managers.

Each filer is counted once at its latest 13F-HR filing. New filings are ingested on a weekly cadence.

237 filers43,844,676 shares$816.94M value
# Filer Shares Value % of Total % of Float Period
1 Morgan Stanley Custodian 12,472,863 $232.49M 28.46% — 2026-06-30
2 Wells Fargo & Company Custodian 2,440,231 $45.49M 5.57% — 2026-06-30
3 Saba Capital Management, L.P. 2,368,022 $44.14M 5.40% — 2026-06-30
4 LPL Financial LLC Custodian 1,997,074 $37.23M 4.56% — 2026-06-30
5 Invesco Ltd. Custodian 1,987,730 $37.05M 4.54% — 2026-06-30
6 Allspring Global Investments Holdings, LLC 1,951,647 $36.38M 4.45% — 2026-06-30
7 UBS Group AG Custodian 1,809,938 $33.74M 4.13% — 2026-06-30
8 Raymond James Financial, Inc. Custodian 1,786,820 $33.31M 4.08% — 2026-06-30
9 Bank of America Corp Custodian 1,297,471 $24.18M 2.96% — 2026-06-30
10 Advisors Asset Management, Inc. 1,233,884 $23.00M 2.82% — 2026-06-30
11 GUGGENHEIM CAPITAL LLC 937,141 $17.47M 2.14% — 2026-06-30
12 OSAIC HOLDINGS, INC. Custodian 600,563 $11.19M 1.37% — 2026-06-30
13 Cambridge Investment Research Advisors, Inc. 599,022 $11.17M 1.37% — 2026-06-30
14 Royal Bank of Canada Custodian 450,007 $8.39M 1.03% — 2026-06-30
15 Stifel Financial Corp Custodian 436,736 $8.14M 1.00% — 2026-06-30
16 ABSOLUTE INVESTMENT ADVISERS, LLC 421,986 $7.87M 0.96% — 2026-06-30
17 Ameriprise Financial, Inc. Custodian 420,868 $7.84M 0.96% — 2026-06-30
18 GatePass Capital, LLC 369,950 $6.90M 0.84% — 2026-06-30
19 Twelve Points Wealth Management LLC 345,118 $6.43M 0.79% — 2026-06-30
20 Almitas Capital LLC 326,907 $6.09M 0.75% — 2026-06-30
21 Hennion & Walsh Asset Management, Inc. 307,675 $5.69M 0.70% — 2026-09-30
22 Capital Investment Advisors, LLC 296,331 $5.52M 0.68% — 2026-06-30
23 Janney Montgomery Scott LLC 283,510 $5.29M 0.65% — 2026-06-30
24 Shaker Financial Services, LLC 266,301 $5.01M 0.61% — 2026-09-30
25 COMMONWEALTH EQUITY SERVICES, LLC 242,536 $4.52M 0.55% — 2026-06-30
# Filer Notional Value % of Total Period
# Filer Notional Value % of Total Period

SPXX Insider Trading (Form 4)

Latest: 2018-04-30
Form 4 filings — insider beneficial-ownership changes by officers, directors, and 10%+ holders. Filed within 2 business days of transaction.
Filed Reporter Role Action Shares Avg Price Net $ Link
2018-04-30 Ben F. Johnson III Director Award (A) +1,225 — EDGAR
2018-04-30 Sarah Beshar Director Award (A) +1,225 — EDGAR
2018-04-30 Nigel Sheinwald Director Award (A) +1,225 — EDGAR
2018-04-30 Denis Kessler Director Award (A) +1,225 — EDGAR
2018-04-30 C Robert Henrikson Director Award (A) +1,225 — EDGAR
2018-04-30 Rod Canion Director Award (A) +1,225 — EDGAR
2018-04-30 Phoebe A Wood Director Award (A) +1,225 — EDGAR
2018-04-30 G Richard Wagoner Jr Director Award (A) +1,225 — EDGAR
2018-03-22 Philip Taylor Senior Managing Director Mixed +443 $32.21 -$16.5K EDGAR
2018-03-16 Andrew Schlossberg Senior Managing Director Tax (F) −545 $32.92 -$17.9K EDGAR
2018-03-16 Martin L Flanagan President & CEO Mixed −422,860 $33.12 -$14.01M EDGAR
2018-03-13 Colin Meadows Senior Managing Director Tax (F) −34,526 $32.54 -$1.12M EDGAR
2018-03-13 Kevin M Carome SMD and General Counsel Tax (F) −24,431 $32.54 -$795.0K EDGAR
2018-03-12 Annette Lege Chief Accounting Officer Sell (S) −5,000 $34.31 -$171.6K EDGAR
2018-03-07 Annette Lege Chief Accounting Officer Award (A) +11,812 — EDGAR
Codes: P = open-market purchase · S = open-market sale · A = grant/award · M = option exercise · F = tax withholding at vest · G = bona-fide gift · D = disposition to issuer · J = other (described in filing footnote — typically 401(k), trust, inheritance) · W = will/inheritance. Only P / S codes carry directional signal.
ETF Holders
6 ETFs hold SPXX
6 shown · $50.72M total exposure · 1.47% AUM-weighted avg weight
# ETF Provider Weight $ Exposure ETF AUM As Of
1 PCEF Invesco CEF Income Composite ETF Invesco 3.98% $30.1M — 2026-10-21
2 CEFS Saba Closed-End Funds ETF Nport 2.36% $9.9M — 2026-05-31
3 YYY Amplify CEF High Income ETF Amplify 1.47% $9.8M $661.7M 2026-10-22
4 CCEF Calamos CEF Income & Arbitrage ETF Nport 2.57% $870,268 — 2026-07-31
5 CEFZ RiverNorth Active Income ETF Nport 0.15% $61,587 — 2026-06-30
6 THRV Prospera Income ETF Nport 0.14% $9,730 — 2026-06-30
Fundamentals

Quarterly filings sourced from SEC 10-Q / 10-K reports. TTM tiles aggregate the most recent four quarters; bars show the last ~12 quarters oldest → newest.

Metrics
  • Revenue — top-line sales. Look for consistent YoY growth; seasonal businesses need same-quarter comparisons (Q4 '24 vs Q4 '23).
  • Net Income — bottom-line profit after all expenses. Can be volatile from one-time items; red bars = net loss.
  • Diluted EPS — net income per share assuming options/converts are exercised. Direct input to the P/E ratio.
  • Operating Cash Flow — cash generated from core operations, before capex and financing. Harder to manipulate than net income; growing OCF is a quality signal.
How to read the bars
  • Sequential growth — quarter-over-quarter trend. Accelerating bars are a momentum signal.
  • YoY growth — compare to the same quarter a year earlier to remove seasonality.
  • Quality — OCF should roughly track Net Income over time. Large divergence (net income ≫ OCF) flags accruals risk.
  • Margins — scan the bar ratios: Net Income / Revenue tells you margin trend without needing a separate chart.

TTM (trailing-twelve-month) smooths seasonality and is used for the P/E calculation. Filings appear 30–90 days after the period closes.