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April – Educational Events
March 31, 2020
Concepts

April – Educational Events

Montréal Exchange

April 8, 2020 Webinar – Covered Calls Time : 4:30 p.m. (ET) Speaker : OIC instructor Language: English Where : Online More information here.   April 15, 2020 Webinar – Protective Puts & Stock Repair Strategies Time : 4:30 p.m. (ET) Speaker : OIC instructor Language: English Where : Online More information...

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4 days ago
Making the most of volatility in these uncertain times
March 26, 2020
Bearish Outlook

Making the most of volatility in these uncertain times

Martin Noël

In our last article we discussed how to reduce the risk associated with the time-value decay of options in a directional position. Now we will take advantage of the market meltdown to discuss the implied volatility in the price of an option, how it reflects the degree of market uncertainty over future price movements in the...

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1 week ago
Reduce the Risk Associated with Time Value Decay
March 02, 2020
Bearish Outlook

Reduce the Risk Associated with Time Value Decay

Martin Noël

Reduce the risk associated with time value decay In this article, we will examine how to reduce the risk associated with the time value decay of options in a directional position, as well as how this affects the strategy’s payoff profile. As can be seen in the following chart, the price of shares in BCE Inc. (BCE) have...

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1 month ago
Shares in Uranium Participation Corp are trading at a discount
February 20, 2020
Bullish Outlook

Shares in Uranium Participation Corp are trading at a discount

Patrick Ceresna

Uranium Participation Corporation (Symbol U on the TSX exchange) is a company that invests in uranium. Uranium presents an attractive investment opportunity at this time. The commodity itself is currently trading at below the cost of production for most miners, a situation that cannot continue indefinitely. Eventually companies...

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1 month ago
Currency Options University — Part 7
February 18, 2020
Concepts

Currency Options University — Part 7

Patrick Ceresna

Currency Hedging for US Dollar Investors For the past decade, Canadian investors of US dollar-based assets have had it good. No, they have had it great. Not only have American financial assets been the best performing assets in the major markets, but over that same period the value of the Canadian dollar has fallen...

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2 months ago
Currency Options University — Part 6
February 04, 2020
Concepts

Currency Options University — Part 6

Patrick Ceresna

Currency Hedging for Exporters In the previous post we examined the role that USX currency options can play in hedging a company’s import costs. In this instalment of Currency Options University, we will explore using Montréal Exchange USX currency options to mitigate the risk that Canadian exporters face when selling goods...

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2 months ago
Currency Options University – Part 5
February 04, 2020
Concepts

Currency Options University – Part 5

Patrick Ceresna

Currency Hedging for Importers Although USX currency options are often used by speculators interested in expressing a directional view on the USD/CAD exchange rate, they also offer an interesting opportunity for corporations that conduct business in both currencies and are interested in mitigating the exchange rate risk...

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2 months ago
Trading Weekly Options on Canada Goose Holdings Inc (GOOS.TO)
January 28, 2020
Neutral Outlook

Trading Weekly Options on Canada Goose Holdings Inc (GOOS.TO)

Mehra Wealth Management Group

Just as a follow up to our block trade on Canada Goose Holdings Inc (GOOS) from November 14, 2019,  the January 17, 2020 $46 strike call options have expired worthless, since the stock traded out-of-the money at market close. Effectively, we have captured the full option premium of $4.31/share and our cost is now reduced to...

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2 months ago