Mike Philbrick
Harvest MicroStrategy High Income Shares ETF
MSTY-T
DON'T BUY
Jul 30, 2025
Single-stock, high-income, covered writing. Probably see some pretty good yield. There are also versions for AMZN, NVDA and the like. Launched in US, mimicked in Canada. Challenge of these in the Canadian version is that they're pretty small at the moment, and it's just a single stock. Will have volatility, much higher risk.
As well, you'll be taxed on the income. If you just own the stock, don't necessarily have to take the gains on a regular basis.
Single-stock, high-income, covered writing. Probably see some pretty good yield. There are also versions for AMZN, NVDA and the like. Launched in US, mimicked in Canada. Challenge of these in the Canadian version is that they're pretty small at the moment, and it's just a single stock. Will have volatility, much higher risk.
As well, you'll be taxed on the income. If you just own the stock, don't necessarily have to take the gains on a regular basis.