Buy a call at $54 in January 17, 2020 or Jan. 15, 2021 at $55? Is the latter better for the extra year? And add a put to offset the cost? They've had a good run, though it has staggered a bit recently. To buy a two years out is more like a warrant. You'll pay more for the one in 2021. This depends on your timeline--how long do you think CVS will return to its previous level. Either call is fine. Selling a put: If you sold at $55, you'd collect some premium and that would help pay for it. But if you do, all you're doing is creating a synthetic long position, and the same as owning CVS stock.

Many people are looking for income. This pays a 6% yield. (See his top picks later.)

This is close to the TSX 60 ETFs, like XIU. This is an index play on Canada. Buy and hold it. A great core holding.

It's an income product, so don't worry about the stock price. The covered calls add a bit more distributions to the dividend. Is it enough for you? This is a bond proxy, really.

India is interesting, because 300 million people there are now middle class. India has a lot of potential, and he would hold a small position.

(A Top Pick Aug 02/18, Up 4%)A covered call. He suggested buying Apple and selling a $200 call on it. $6.45 on the call, so the cost of your shares are $195. The options expired in August, so the stock were trading under and weren't called. Then, Apple tanked. It would have been hard to hang onto it, but if you had, you would have done great. Today, he'd write options on it again.

(A Top Pick Aug 02/18, Up 13%)An August covered call. He sold an August call. He thought that the market was ahead of itself and he took some money off the table. The price in August was $338.50 and the option to sell at $360. It never got there. You wouldn't kept the stock. Your cost was $317, hence the 13% return.