BMO US Put Write ETF

ZPW-T

Analysis and Opinions about ZPW-T

Signal
Opinion
Expert
SELL
SELL
March 26, 2020
He has not been happy with it for a year. They created ZPAY-T which he moved to. It is a similar ETF.
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He has not been happy with it for a year. They created ZPAY-T which he moved to. It is a similar ETF.
DON'T BUY
DON'T BUY
January 2, 2020
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.
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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.
DON'T BUY
DON'T BUY
October 8, 2019
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.
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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.
COMMENT
COMMENT
July 22, 2019
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.
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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.
COMMENT
COMMENT
May 6, 2019
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.
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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.
BUY
BUY
April 29, 2019
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.
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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.
COMMENT
COMMENT
April 2, 2019
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.
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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.
John Hood

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Price
$17.260
Owned
Unknown
BUY
BUY
March 18, 2019
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.
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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.
COMMENT
COMMENT
January 21, 2019
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.
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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.
WEAK BUY
WEAK BUY
January 7, 2019
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.
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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.
COMMENT
COMMENT
December 17, 2018
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.
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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.
BUY
BUY
November 19, 2018
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.
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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.
COMMENT
COMMENT
August 13, 2018

VIX volatility based ETFs. Problem with volatility futures is you have to be nimble like a brain surgeon. Or you could lose 5-10% a month. Would recommend shifting to more defensive holdings like ZPW to preserve capital. Gives you insulation on the downside, plus some yield. For the average investor, stay away from the VIX based ETFs.

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VIX volatility based ETFs. Problem with volatility futures is you have to be nimble like a brain surgeon. Or you could lose 5-10% a month. Would recommend shifting to more defensive holdings like ZPW to preserve capital. Gives you insulation on the downside, plus some yield. For the average investor, stay away from the VIX based ETFs.

BUY
BUY
July 23, 2018

ZPW-T vs. ZWH-T. ZPW-T has no capital growth – it is purely a yield play. ZWH-T can be paired to get downside protection. There is a third of the risk of the S&P-500.

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ZPW-T vs. ZWH-T. ZPW-T has no capital growth – it is purely a yield play. ZWH-T can be paired to get downside protection. There is a third of the risk of the S&P-500.

BUY
BUY
June 11, 2018

It is denominated in US$. If you look at ZPH-T, which is hedged, it has a 4% return year over year. Currency fluctuations impact ZPW-T. He likes to pair it with ZWH-T, and then you get a yield in the US market that is three times the S&P 500 but with less risk. Currency is actually the most important consideration when you invest internationally. Currency averages 5.4 percentage points' impact on your investment returns internationally.

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It is denominated in US$. If you look at ZPH-T, which is hedged, it has a 4% return year over year. Currency fluctuations impact ZPW-T. He likes to pair it with ZWH-T, and then you get a yield in the US market that is three times the S&P 500 but with less risk. Currency is actually the most important consideration when you invest internationally. Currency averages 5.4 percentage points' impact on your investment returns internationally.

Showing 1 to 15 of 48 entries

BMO US Put Write ETF(ZPW-T) Rating

Ranking : 3 out of 5

Bullish - Buy Signals / Votes : 1

Neutral - Hold Signals / Votes : 0

Bearish - Sell Signals / Votes : 3

Total Signals / Votes : 4

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, 4 stock analysts published opinions about ZPW-T. 1 analyst recommended to BUY the stock. 3 analysts recommended to SELL the stock. The latest stock analyst recommendation is SELL. Read the latest stock experts' ratings for BMO US Put Write ETF.

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 Larry Berman CFA, CMT, CTA on 2020-03-26. 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?

4 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 2020-04-01, BMO US Put Write ETF (ZPW-T) stock closed at a price of $13.89.