Stockchase Opinions

Vikash Jain, CFAHorizons Universa Canadian Black Swan ETFHUT.TODON'T BUYJul 23, 2012

Spread structure used to protect against sudden downward moves? Every year it will lose money because they are always buying “out of the money” put options. This company has some track record but it is worth while watching a little bit longer. The fees on this are incredible and there is also a performance fee.
$9.93

Stock price when the opinion was issued

$147.69

As of Jun 10, 2026. Market Open.

E.T.F.'s
It's the ideal tool to help you make quicker, more informed decisions for managing and tracking your investments.

You might be interested:

COMMENT
Black Swan ETF. Overlaying TSX with Put strategy to provide downside protection. Fee is relatively high. Puts erode the gains. He prefers selling options, rather than buying Puts.
TOP PICK
Essentially an ETF that basically owns the TSX or the S&P 500. (Have a US version as well.) Will typically Buy Puts to protect the downside or will do a Covered Call. If the market crashes because of a Black Swan event, this will probably go up in value.