Summer Sale
50% off Premium Yearly
00days
00hrs
00mins
00secs
Opinions Stan Wong
Hamilton Enhanced Canadian Equity DayMAX ETFCDAY-NEUnspecifiedApr 06, 2026
Stan WongUnknown
N/A
Stock price when the opinion was issued
0
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.
You might be interested:
WEAK BUY
Retired income-investor.
At his firm they can do their own, so he wouldn't use it. That said, the zero-day strategies (where they write options every day) have their pluses and minuses. Generate lots of capital gains by way of distributions, but give up a lot of upside potential. Specifically for income seekers and those wanting tax-efficient income.
If that's who you are, then they're probably appropriate for some part of your income portfolio. If you're a long-term capital gains investor, these aren't for you -- you'll likely underperform in the long run.
Be cautious with covered call strategies. Look instead to the ishares TSX High Dividend ETF and the Vangard High Dividend Index ETF for better returns. As mentioned before he prefers buying the underlying securities for more upside. This could work though, if you are looking just for income.