Bullboard - Stock Discussion Forum BMO Covered Call Canadian Banks ETF BMDLF

Primary Symbol: T.ZWB Alternate Symbol(s): T.ZWB.U

The ETF seeks to provide exposure to the performance of a portfolio of Canadian banks to generate income and to provide long-term capital appreciation while mitigating downside risk through the use of covered call options. To achieve investment objective the ETF will primarily invest in and hold the securities of Canadian banks, ETFs, or a combination of these. Depending on market volatility... see more

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BMO Covered Call Canadian Banks ETF > Short Sellers are at Work on the Banks now

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Post by jx7000 on Mar 15, 2023 1:06pm

Short Sellers are at Work on the Banks now

I'm not the expert but Cdn banks are nothing like the US or European banks when it comes to financial stability--Cdn banks are the most secure and stable in the world (paraphrasing Ian Lee as heard on a local radio station yesterday). And there ususally is a sell down during spring break as I understand it so I'm adding to my ZWB units.

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