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no-cover
September 24, 2014
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Trading Volatility

Patrick Ceresna

It is common for traders that are new to options to make many of their trading decisions based solely on the prediction of the price move. While the price move is an important component of the overall success, the ultimate profitability is dramatically impacted by volatility pricing. Implied volatility is materially different...

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6 years ago
no-cover
September 23, 2014
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Patrick Ceresna’s OED Presentation

Patrick Ceresna

The Unintended Consequences of...

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6 years ago
no-cover
August 29, 2014
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Is there any Fuel left in the Energy Sector Bull Advance?

Patrick Ceresna

Canadian energy stocks have been bulling higher for most of the year. The iShares S&P/TSX Capped Energy ETF is up 18.68% year-to-date (as of Aug 28). This renewed strength in the energy stocks has been a major contributor to the robust bull market advance in the broader Canadian indices. Can the energy stocks keep rising?...

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6 years ago
no-cover
August 27, 2014
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Tax Deferral Using Options

Jason Ayres

First of all, let me preface this post with the disclosure that I am not an accountant, and it is always best to consult with one before making any investment related decisions pertaining to taxation. That said, many Canadian investors have been benefiting from a healthy bull market with nothing more than the odd hiccup in the...

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6 years ago
no-cover
August 01, 2014
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Can the Canadian Bull Market Continue?

Patrick Ceresna

The S&P/TSX60 closed at 890.00 the other day. The market is now just 10 points away from the 900 level, which also corresponds with the 2008 all-time high prior to the great bear market that wiped out 50% of the value of the index. This leaves many investors asking the question: will the S&P/TSX60 be able to make...

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6 years ago
no-cover
July 22, 2014
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This One’s For The Blackberry Bulls

Jason Ayres

Few Canadian stocks have garnered as much attention as Blackberry LTD (TSE:BB). In fact, it has been the topic of a few of my postings over the last year or so. Why, you may ask? Well, option traders love volatility. By that I mean price action, and fewer Canadian stocks deliver as much action as Blackberry. With a historic...

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6 years ago
no-cover
June 30, 2014
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Why I am Dumping my Magna Shares

Patrick Ceresna

Ok, I have to admit I used the word “dumping” to get your attention. This is not a bear rant on a good company but rather a strategic maneuver to create a favorable risk/reward proposition. In fact, what I will demonstrate is my rationale for replacing the stock with call options. Here are some facts about the stock: Magna...

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6 years ago
no-cover
June 13, 2014
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Asymmetric Returns with a Directional Condor

Jason Ayres

The objective of any trader or investor is to achieve the greatest return for the least amount of risk. This is what you hear hedge fund and money managers referring to as “asymmetric returns”. One of the benefits of using options to participate in a directional view is the limited risk exposure of the purchased...

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