Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions John Hood
Mulvihill Canadian Bank Enhanced Yield ETFCBNK.TODON'T BUYJun 29, 2023
$7.11
Stock price when the opinion was issued
$15.33
As of Jun 15, 2026. Market Open.
0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
A covered call on banks, which is similar to ZWB. The difference, however, is that Mulvihill uses leverage of 25%. He doesn't buy anything that uses leverage or margins, as there's too much risk to clients who are retired or soon to be. Nothing wrong with it as long as you're willing to accept the risk.