A covered call on banks, which is similar to ZWB. The difference, however, is that Mulvihill uses leverage of 25%. He doesn't buy anything that uses leverage or margins, as there's too much risk to clients who are retired or soon to be. Nothing wrong with it as long as you're willing to accept the risk.
Mulvihill Canadian Bank Enhanced Yield ETF is a Canadian stock, trading under the symbol CBNK-T on the Toronto Stock Exchange (CBNK-CT). It is usually referred to as TSX:CBNK or CBNK-T
In the last year, there was no coverage of Mulvihill Canadian Bank Enhanced Yield ETF published on Stockchase.
Mulvihill Canadian Bank Enhanced Yield ETF was never recommended as a Top Pick on Stockchase. Read the latest stock experts ratings for Mulvihill Canadian Bank Enhanced Yield ETF.
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0 stock analysts on Stockchase covered Mulvihill Canadian Bank Enhanced Yield ETF In the last year. It is a trending stock that is worth watching.
On 2025-01-24, Mulvihill Canadian Bank Enhanced Yield ETF (CBNK-T) stock closed at a price of $8.6.
Does not expect spread to widen too much. Better names to trade due to liquidity. Would not recommend buying at this time.