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