|BUY||$19.620||UNKNOWN||NORTH AMERICAN - LARGE & ETFs||Unknown|
It is not CAD$ hedged. BMO has filed perspective on a bunch of new ETFs and there should be one available in the next month that is the CAD$ hedged version of this. They net about 10% premium on the puts. About 3% is lost due to puts being exercised so you get an extra 7% over the performance of the stocks within the ETF. It is not risky and is exposure to the US market. (Your exposure should net a long position, if it ever got executed).