Latest Expert Opinions

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TOP PICK
TOP PICK
July 17, 2017

The valuation is better than others. He was out for a number of years while the auto industry went through some changes. They are a leader in lightweighting cars, in making cars more fuel efficient. (Analysts’ target: $14.00).

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Martinrea (MRE-T)
July 17, 2017

The valuation is better than others. He was out for a number of years while the auto industry went through some changes. They are a leader in lightweighting cars, in making cars more fuel efficient. (Analysts’ target: $14.00).

COMMENT
COMMENT
July 17, 2017

One of many high dividend paying ETF’s. You are buying into companies that pay good dividends with a history of increasing them. As there is a history of increasing dividends in these companies it is not a bad investment in a rising interest rate environment, as you are getting a bump-up in a yield that is inside the ETF’s anyways.

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One of many high dividend paying ETF’s. You are buying into companies that pay good dividends with a history of increasing them. As there is a history of increasing dividends in these companies it is not a bad investment in a rising interest rate environment, as you are getting a bump-up in a yield that is inside the ETF’s anyways.

COMMENT
COMMENT
July 17, 2017

Invests in an equal weighted basket of big-name tech companies. The “covered call” side is not the major component, because they only write against 25% of the fund and the assets of the fund at any point in time. If you like big-name technology, this is fine. This is where he thinks a lot of the earnings are going to come from.

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Invests in an equal weighted basket of big-name tech companies. The “covered call” side is not the major component, because they only write against 25% of the fund and the assets of the fund at any point in time. If you like big-name technology, this is fine. This is where he thinks a lot of the earnings are going to come from.

COMMENT
COMMENT
July 17, 2017

A US ETF that corresponds to this ETF? There are a number of ETF’s in the US that do covered calls. (See Top Picks.)

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A US ETF that corresponds to this ETF? There are a number of ETF’s in the US that do covered calls. (See Top Picks.)

COMMENT
COMMENT
July 17, 2017

You recommended using Covered Calls as a Top Pick on June 15/17. What strike price specifically? There were 2 reasons for that recommendation. Had thought BCE had sold off quite a bit with a dividend yield in excess of 5%. Doesn’t think there is a lot of downside in it, and would look at writing a longer-term Call Option. He was looking at it as an income generating strategy. You want to think of the premium from the Call Option as a 5th dividend that you are receiving. At the current price of $58.25, he would go for a $60 Call Option, which gives you a little upside, and you are collecting a dividend in excess of 5%. The stock is not volatile. If able to sell a $60 Call and go out 6 to 8 months, you will probably get the equivalent of a dividend payment.

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BCE Inc. (BCE-T)
July 17, 2017

You recommended using Covered Calls as a Top Pick on June 15/17. What strike price specifically? There were 2 reasons for that recommendation. Had thought BCE had sold off quite a bit with a dividend yield in excess of 5%. Doesn’t think there is a lot of downside in it, and would look at writing a longer-term Call Option. He was looking at it as an income generating strategy. You want to think of the premium from the Call Option as a 5th dividend that you are receiving. At the current price of $58.25, he would go for a $60 Call Option, which gives you a little upside, and you are collecting a dividend in excess of 5%. The stock is not volatile. If able to sell a $60 Call and go out 6 to 8 months, you will probably get the equivalent of a dividend payment.

PAST TOP PICK
PAST TOP PICK
July 17, 2017

(A Top Pick Dec 9/16. Up 20.4%.) Synthetic Long Position. Buy Jan 25 calls at $2.12 and Sell Jan 25 puts at $4.35. The combination of those 2 is going to act exactly like the stock is going to react. If you bought the stock, you would have to do it in US$, but by using this strategy you actually create a credit in the account and you secure it with Canadian Treasury bills.

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(A Top Pick Dec 9/16. Up 20.4%.) Synthetic Long Position. Buy Jan 25 calls at $2.12 and Sell Jan 25 puts at $4.35. The combination of those 2 is going to act exactly like the stock is going to react. If you bought the stock, you would have to do it in US$, but by using this strategy you actually create a credit in the account and you secure it with Canadian Treasury bills.

PAST TOP PICK
PAST TOP PICK
July 17, 2017

(A Top Pick Dec 9/16. Up 12.4%.) Synthetic Long Position. Buy January 45 calls at $4.90 and Sell January 45 puts at $6.75. At the time, this stock was $43.73 and today it is $45.17, so the stock is up 3%, but the synthetic, assuming $16 a share went into margin, he needed $15.50. A much better way to play this.

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Morgan Stanley (MS-N)
July 17, 2017

(A Top Pick Dec 9/16. Up 12.4%.) Synthetic Long Position. Buy January 45 calls at $4.90 and Sell January 45 puts at $6.75. At the time, this stock was $43.73 and today it is $45.17, so the stock is up 3%, but the synthetic, assuming $16 a share went into margin, he needed $15.50. A much better way to play this.