Stock options

A bearish diagonal spread on shares in George Weston Ltd.
February 20, 2018
Bearish Outlook

A bearish diagonal spread on shares in George Weston Ltd.

Martin Noël

As the following graph shows, prices for shares of George Weston Ltd. (WN) have broken below their trough of last September 2017 following a timid attempt at a rebound that lasted four months. Since peaking in January, 2018, WN has followed the general market trend by dropping swiftly, but the rally, which has been anemic, has...

63
0
Like
1 day ago
Writing Put Options to Profit from Higher Prices for Shares of Premium Brands Holdings Corporation
January 31, 2018
Bullish Outlook

Writing Put Options to Profit from Higher Prices for Shares of Premium Brands Holdings Corporation

Martin Noël

As the following graph shows, the share price of Premium Brands Holdings Corporation (PBH) has been on a bullish trend, with some more or less large corrections since reaching a plateau in the spring of 2017. Until we see evidence to the contrary, we should assume that this trend will continue for a while. Daily chart as at...

245
0
Like
3 weeks ago
An Iron Butterfly Spread on Shares of Canopy Growth Corporation
January 24, 2018
Technical analysis

An Iron Butterfly Spread on Shares of Canopy Growth Corporation

Martin Noël

As you can see in the following graph, shares in Canopy Growth Corporation (WEED) have shot up in price since bottoming out at $6.58 in June 2017. This represents more than 600% growth to its recent peak at $44. Since then, WEED has slipped, falling to $29.50 before bouncing back and has been fluctuating in a range that could...

414
0
Like
4 weeks ago
Have the Tides Turned for the Troubled Goldcorp?
January 23, 2018
Bullish Outlook

Have the Tides Turned for the Troubled Goldcorp?

Patrick Ceresna

The last few years have been a struggle for Goldcorp investors.  The company has been overshadowed by declines in earnings, falling gold production and increased costs.  Many investors have abandoned the stock for other gold miners with more momentum.  Yet there are a number of green shoots that suggest the management is...

285
0
Like
4 weeks ago
Locking In Profits on a High Flyer
January 12, 2018
Protection

Locking In Profits on a High Flyer

Jason Ayres

Once again, despite the risk of controversy, I find myself compelled to write about pot! In my last article, Embracing Volatility on a Canadian Disruptor, I looked at a couple of ways one might participate in a bullish technical pattern developing in the TSX:WEED price chart. At the time (August 28th, 2017) the shares were...

508
0
Like
1 month ago
Writing covered calls as a hedge against a drop in the shares of Intact Financial Corporation
January 11, 2018
Protection

Writing covered calls as a hedge against a drop in the shares of Intact Financial Corporation

Martin Noël

As the following graph shows, the share price of Intact Financial Corporation (IFC) seems to be on a downward trend as it has just broken through its previous trough at around $104. Its stochastic oscillator (%K) and relative strength index (RSI) are also trending downward. Since this bearish trend could take IFC down as far as...

432
0
Like
1 month ago
A horizontal calendar spread to make the most of relatively stable prices for Air Canada shares
December 01, 2017
Neutral Outlook

A horizontal calendar spread to make the most of relatively stable prices for Air Canada shares

Martin Noël

After having peaked at $28.70 in October, the price of shares in Air Canada (AC) seems to have slipped into a short-term trough at the $22 support level. Since then, the price rallied to $26 and, as of this writing, has settled in at around $24. Prices from $22 to $28 now represent a trading range that could contain price...

680
0
1
3 months ago
Make the Most of a Decline in Canadian Pacific Railway Limited shares
November 21, 2017
Bearish Outlook

Make the Most of a Decline in Canadian Pacific Railway Limited shares

Martin Noël

As you can see in the chart below, the price of Canadian Pacific Railway Limited (CP) stock is beginning to show the signs of what looks very much like the early stages of a correction. It is clear that the MACD and RSI indicators and the stochastic oscillator are all in marked decline. If this is the case, the price may fall...

489
0
Like
3 months ago
Selling put options to profit from rising prices for shares of Agnico Eagle Mines Limited
October 30, 2017
Technical analysis

Selling put options to profit from rising prices for shares of Agnico Eagle Mines Limited

Martin Noël

As the following graph shows, the price of shares in Agnico Eagle Mines Limited (AEM) appears to be on the verge of an upswing of unknown vigour. This new trend is confirmed by three indicators – the MACD, the RSI and the stochastic oscillator (%K) – that are giving clear signs of strength. Daily chart for AEM ($59.06 on...

622
0
1
4 months ago
Implementation of a collar to protect profits accumulated in Royal Bank of Canada shares
October 20, 2017
Protection

Implementation of a collar to protect profits accumulated in Royal Bank of Canada shares

Martin Noël

As you can see in the following graph, the price of shares in Royal Bank of Canada (RY), much like the financial sector in general, have shot up over 10% in just six weeks. Even though it is always risky to expect a trend to reverse, such growth cannot continue indefinitely. However, considering that RY just closed at $100.07...

540
0
Like
4 months ago