TSE:ZPW

15.97
0.09 (0.57%) 1d
0
COMMENT
Writes puts on US stocks. Take a look at this one.
E.T.F.'s
COMMENT

They write puts and buys good companies at lower prices and sells high. He would cycle out of ZPH and ZPW to ZPAY which generates a rate of around 6% but with a better strategy.

E.T.F.'s
COMMENT

ZPH and ZPW way to extract yield from the market without taking a lot of risk. They have been okay but not great. ZPAY is a better way to benefit from the same strategy.

E.T.F.'s
SELL
He has not been happy with it for a year. They created ZPAY-T which he moved to. It is a similar ETF.
E.T.F.'s
DON'T BUY
Similar to a covered call, but it's the flipside. So it's the sell side. Most people don't understand how puts work, and with the put write you're getting a very complicated strategy. He'd recommend something more conservative, such as covered calls because they're a lot easier to understand.
E.T.F.'s
DON'T BUY
Pays a 7% yield. They take a basket of US stocks, then look at options premiums and carving off a bit of the upside and downside. He doesn't like engineered products like this. ZPW can be depleting asset base, losing some capital in the coming months.
E.T.F.'s
COMMENT
He was a big fan of these put-write strategies--to write puts on the best companies on the market--when they launched, but they have since failed to execute this plan. He still holds these for the yields, though, because it provides an alternative source of yield. In a recession, it depends on how fast the markets go down. There is an embedded protection in these ETFs, giving you only half the downside. With these, you place a put, but don't own the companies, but rather harvest the yield off the option premium.
E.T.F.'s
COMMENT
ZPH-T vs. ZPW-T. When the view is that the CAD$ is going to get weaker you don’t want to be hedged. If it is going to be stronger, then you want currency hedged.
E.T.F.'s
BUY
This writes puts on these stocks a little below and market and generates a yield. It's very defensive, but risky, but better than holding cash. It's exposed to the US dollar. ZPW will give you decent yield.
E.T.F.'s
COMMENT
What is the purpose of this product? This are naked put-write. Similar to a covered call. Buying puts is a bearish position. Selling puts is bullish.
E.T.F.'s
BUY
ZWH-T vs. ZPW-T. These are the more defensive holdings. ZPW-T is a little more risk adverse. He is looking to trim exposure on the ZWH-T side to move to ZPW-T at the moment.
E.T.F.'s
COMMENT
Its MER includes the MER of the underlying ETFs. Occasionally they get put some of the stocks and then they sell the stock and re-put the stock. You get a distribution when this happens as a return of capital. Volatility determines how many of their stocks they get put and have to sell.
E.T.F.'s
WEAK BUY
How to play the market defensively. The put-write strategy did perform better in the last couple of months. ZWU-T is a high dividend payer in the utilities. It has pipelines in it so as pipeline expansion has been crushed, this has weighted a lot on the sector. Otherwise he likes utilities here.
E.T.F.'s
COMMENT
It writes puts 10-20% below market puts to generate yield on great companies. If the market sells off they own the stock. They then sell the stock and re-write the put. It is not an opposite not the S&P and not a hedged product. HXS-T gives you an inverse to the S&P 500.
E.T.F.'s
BUY
ZPW-T vs. ZWH-T. If you can afford to stay in cash and wait for markets to correct, it is preferable. He uses ZPW-T and ZWH-T as well as ZLU-T to hold his exposure to the equity market. They will fall much less than the S&P. They are not risk free.
E.T.F.'s
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BMO US Put Write ETF(ZPW-T) Rating

Ranking : 1 out of 5

Bullish - Buy Signals / Votes : 0

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 0

Total Signals / Votes : 0

Stockchase rating for BMO US Put Write ETF is calculated according to the stock experts' signals. A high score means experts mostly recommend to buy the stock while a low score means experts mostly recommend to sell the stock.

BMO US Put Write ETF(ZPW-T) Frequently Asked Questions

What is BMO US Put Write ETF stock symbol?

BMO US Put Write ETF is a Canadian stock, trading under the symbol ZPW-T on the Toronto Stock Exchange (ZPW-CT). It is usually referred to as TSX:ZPW or ZPW-T

Is BMO US Put Write ETF a buy or a sell?

In the last year, there was no coverage of BMO US Put Write ETF published on Stockchase.

Is BMO US Put Write ETF a good investment or a top pick?

BMO US Put Write ETF was recommended as a Top Pick by on . Read the latest stock experts ratings for BMO US Put Write ETF.

Why is BMO US Put Write ETF stock dropping?

Earnings reports or recent company news can cause the stock price to drop. Read stock experts’ recommendations for help on deciding if you should buy, sell or hold the stock.

Is BMO US Put Write ETF worth watching?

0 stock analysts on Stockchase covered BMO US Put Write ETF In the last year. It is a trending stock that is worth watching.

What is BMO US Put Write ETF stock price?

On 2024-11-21, BMO US Put Write ETF (ZPW-T) stock closed at a price of $15.97.