Concepts

Hedging with Delta
January 14, 2020
Bearish Outlook

Hedging with Delta

Martin Noël

As can be seen in the following chart, the price of shares in National Bank of Canada (NA) recently peaked at $73.22, representing an increase of 21.85% in 110 days, for an annualized rate of return of 72.50%. It is unlikely that this pace of growth can be sustained over an extended period of time. In addition, there are signs...

184
0
Like
1 week ago
Year-End Opportunity in Cannabis Stocks?
January 07, 2020
Bullish Outlook

Year-End Opportunity in Cannabis Stocks?

Patrick Ceresna

Through 2018 and into the first quarter of 2019, Canadian marijuana companies represented one of the hottest sectors in the equities market.  However, since its March 19, 2019 high of $23.87, the Horizons Marijuana Life Science ETF (HMMJ) has been on a steady decline, and by November 19, 2019 it was down to $8.34, having lost...

261
0
Like
2 weeks ago
Currency Options University – Part 4
November 22, 2019
Concepts

Currency Options University – Part 4

Patrick Ceresna

Directional Trading with USX Currency Options Our focus in Part 4 of the series is to demonstrate how USX currency options can be used for directional trading through the direct purchase of a call or put option. Options offer investors a way to buy a long position with a defined risk (limited to the cost of the option), while...

423
0
1
2 months ago
Impact of the Exchange Rate on Our Investments in the United States
November 12, 2019
Concepts

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,...

422
0
Like
2 months ago
November –  Educational Events
November 01, 2019
Concepts

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....

5118
0
1
3 months ago
Enhancing Equity Positions with Options
September 12, 2019
Concepts

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...

857
0
1
4 months ago
Options Insights: Increasing Yields on Equity Positions with Options
September 09, 2019
Concepts

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...

512
0
Like
5 months ago
Currency Options University – Part 3
September 03, 2019
Concepts

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...

1002
0
Like
5 months ago
Profiting From Expectations of Relative Stability
August 20, 2019
Concepts

Profiting From Expectations of Relative Stability

Martin Noël

Shares in Cogeco Communications Inc. (CCA) were trading at $104.36 at this writing on August 9, 2019, but as the following graph shows, they jumped on July 10 when the company released its latest financial results. After topping out at $107.05 on July 16, prices moved in a relatively narrow corridor of $103.33 to $107.35....

593
0
1
5 months ago
Options Insights: Minimizing Risk with Debit Vertical Spreads
August 12, 2019
Concepts

Options Insights: Minimizing Risk with Debit Vertical Spreads

Tony Zhang

Want to learn more about Minimizing Risk with Debit Vertical Spreads?  Participate to the webinar on August 13, 2019 at...

536
0
2
5 months ago