CI TECH GIANTS COVERED CALL ETF (TXF.TO)

US Technology Sector. He believes tech will be a long term outperformer. FHQ-T is another choice.

It is a beta ETF so they try to improve on the index they follow. They write a covered call at the money on a quarter of the portfolio. You get some growth potential. He thinks technology is expensive so covered calls are the way to get income. He prefers energy. ZEO-T or ISX-T)

The reason most people buy this is that they are looking for another source of dividend income. He likes this vehicle. It takes advantage of all the moving parts within the volatility. Technology sector changes constantly.

Tech joint with covered call strategy. You are always giving up upside because of covered call.