1-5 yr Government Bond ETF. Good product. 5 bonds in each of the 5 years, 2 provincial, 2 federal and 1 crown corporation. Yields about 3.7%. If interest rates go up, you don't have a risk of a credit default but there is an interest rate risk.
NYMEX Oil Bull+ ETF. He remains bullish on oil and prices are at a Buy level. You have to be careful of this one because the multiplier effect. These are short-term trading vehicles for day traders, not for long-term holds.
“In the money” covered calls versus “out of the money” covered calls? On “out of the money” he first all takes a look at X dividend date to see how much dividend he will collect. Looks to pick up 6%-8% over 6 to 8 months. Normally goes out 6 months. Rarely uses “in the money”.
