put
Protective Put in Toronto Dominion Bank
Patrick Ceresna
Canadian investors love bank stocks. And why not? They have been terrific investments throughout the years. Take a company like Toronto Dominion Bank (symbol TD). It pays a dividend of $0.79 per quarter and had an indicated yield of 4.53% at the time of writing this article. In our current environment of rock-bottom interest...
Cash-Secured Put Writing on the iShares S&P/TSX Capped Energy ETF
Patrick Ceresna
Although the broad Canadian stock market index has almost recovered to its pre-COVID crisis high, there is one sector that has lagged badly. The energy sector has not recovered to anywhere near the levels seen in early 2020. Chart 1: iShares S&P/TSX Capped Energy ETF (symbol XEG) 2019-2020 Source: Bloomberg For those who...
Using options in times of market uncertainty
Martin Noël
In times of market uncertainty like we are seeing now, many investors turn to options for the protection they can provide. Although the markets have recouped a good portion of their losses of the past few months, we cannot rule out another plunge that could test the depths of the recent decline. The high volatility in today’s...
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