Canadian National Railway Co T.CNR

Alternate Symbol(s): CNI

Industrials Railroads

Canadian National Railway Company is a transportation and logistics company. The Company's services include rail, intermodal, trucking, and supply chain services. The Company’s rail services offer equipment, customs brokerage services, transloading and distribution, private car storage and others. Its intermodal container services help shippers expand their door-to-door market reach with about 23 strategically placed intermodal terminals. Its intermodal services include temperature-controlled cargo, port partnerships, logistics park, moving grain in containers, custom brokerage, transloading and distribution, and others. Its trucking services include door-to-door service, import and export dray, interline services, and specialized services. Its supply chain services offer comprehensive services across a range of industries and product types. It transports more than 300 million tons of natural resources, manufactured products, and finished goods throughout North America every year.

TSX:CNR - Post by User

Canadian National Railway Co > Seems like a fun place to play with Options in the TSX

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Comment by rad10on Jul 16, 2023 5:34am

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Post# 35543022

RE:RE:RE:Seems like a fun place to play with Options in the TSX

JayBanks wrote: Because I play in the world of margin and do not have $15k left avalible to make a 100 share purchase outright... so this way I can take posesssion of 100 shares for less than $5k and get paid to do so which makes the purchase cheaper.

And why do I need to by 100 shares at a time, because with 100 shares, I can sell Call options on my shares and get paid X3-6 times the dividend rate depending on how hot the stock runs and how much risk I care to take.

each to their own.....

for me - simple is better.

what was it that Mr Buffett said about "Liquor, ladies and leverage......"

Long CNR and CP

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