Horizons Gold Yield ETF

HGY-T

Analysis and Opinions about HGY-T

Signal
Opinion
Expert
DON'T BUY
DON'T BUY
July 15, 2019
This holds gold but writes calls. The more chopp gold is, the more this will be called away and you will buy back at a higher price. In other words, this won't perform well during gold volatility. This is good for paying yield. Instead, buy pure exposure with CGL or GLD.
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This holds gold but writes calls. The more chopp gold is, the more this will be called away and you will buy back at a higher price. In other words, this won't perform well during gold volatility. This is good for paying yield. Instead, buy pure exposure with CGL or GLD.
DON'T BUY
DON'T BUY
January 28, 2013

Covered call on bullion with a nice yield. If you are bullish on the underlying then don’t because you limit your upside. If you think it is range bound then this will enhance your returns. The total return is negative the last year and a half.

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Covered call on bullion with a nice yield. If you are bullish on the underlying then don’t because you limit your upside. If you think it is range bound then this will enhance your returns. The total return is negative the last year and a half.

BUY
BUY
June 19, 2012
A Gold ETF where they are writing Covered Calls on the commodity itself and they are writing options against a third of it. If you are going to be in any kind of gold ETF that is based on the price of gold, he likes the idea of generating cash flow.
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A Gold ETF where they are writing Covered Calls on the commodity itself and they are writing options against a third of it. If you are going to be in any kind of gold ETF that is based on the price of gold, he likes the idea of generating cash flow.
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