Yearly Archives: 2019
Covered Call Block Trade on Canada Goose Holdings Inc (GOOS.TO)
Mehra Wealth Management Group
For almost 20 years, our team at CIBC Private Wealth has used defensive option strategies including Covered Calls, Selling Covered Puts and Collars to manage client portfolios. Our objective is to generate income from option premium in addition to dividends paid on stocks. Our primary focus is on wealth preservation. A Covered...
Impact of the Exchange Rate on Our Investments in the United States
Martin Noël
Given our proximity to the United States and/or for purposes of geographic diversification, many investors have investments in their portfolios that are priced in U.S. dollars. As with all investments, U.S. equities carry market risk, and it is important to carefully analyze securities so as to minimize, as much as possible,...
November – Educational Events
Montréal Exchange
November 7, 2019 Webinar – How to get started with options Time : 12:00 Speaker : Richard Ho Language: English Where : Online More information here. November 26, 2019 Webinar – Options Strategies in a Bearish Market Time : 12:00 Speaker : Jason Ayres Language: English Where : Online More information here....
Replacing Stock with Longer Dated Options
Tony Zhang
Long-term options (options expiring in more than 9 months) provide a cost-effective way of gaining long term exposure to stocks with a smaller capital outlay and limited risk. The average price of a stock in the TSX 60 has almost doubled in the last decade. This translates to significantly more capital being required to...
Entering Options Orders and Managing Positions
Tony Zhang
Learning how to trade options is a process that takes time and patience. A critical part of placing your first options trade is learning how to enter an order into your brokerage account. Entering options orders can be daunting due to the many variables involved. This post highlights the procedures and best practices for...
Improving order execution efficiency
Martin Noël
On July 27, 2007, the Montréal Exchange launched a penny trading pilot project that ended on February 26, 2016 with the implementation of a permanent program. Before the pilot project began, only options priced below $0.10 were allowed to trade with a minimum price increment of $0.01 (“penny trading”), while all other...
Enhancing Equity Positions with Options
Tony Zhang
Introduction Options are typically utilized and viewed as an instrument for trading the direction of stocks and ETFs with leverage. However, they are also useful to equity investors as a way to increase the yield of a portfolio by generating income and purchase stock at a discount. Investors looking to enhance their equity...
Options Insights: Increasing Yields on Equity Positions with Options
Tony Zhang
The 12th annual Options Education Day in collaboration with the Options Industry Council (OIC) will take place in Toronto on September 14, 2019 at the Westin Harbour Castle. Seats are limited, so sign up before August 19 for the early bird pricing! To learn more: m-x.ca/oed Want to learn more about Increasing Yields on...
Covered Calls: Managing Risk Exposure and Generating Value During Volatile Times
Antonio Cabeda
Key facts on covered calls This strategy consists of writing a call that is covered by an equivalent long stock position. It represents a simple way for investors to manage their short-term risk exposure, allowing them to earn premium income (i.e. the money received from writing the calls) in return for part of the stock’s...
Currency Options University – Part 3
Patrick Ceresna
Part 3: Specifications of USX Options To summarize, in Part 1 we reviewed the macro drivers that influence a currency’s value, and in Part 2 we focused on the impact of those changes in the currency’s value on investors. The focus in Part 3 will be on understanding the specifications of Canadian USX options and how to size...
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