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Bullboard - Stock Discussion Forum North American Financial 15 Split Corp T.FFN

Alternate Symbol(s):  FNCSF

North American Financial 15 Split Corp. is a Canada-based mutual fund corporation, which invests in a portfolio of over 15 financial services companies. It offers two types of shares, such as Preferred Shares and Class A Shares. Its investment objectives with respect to preferred shares are to provide holders of preferred shares with cumulative preferential monthly cash dividends in the amount... see more

TSX:FFN - Post Discussion

North American Financial 15 Split Corp > Options and split shares
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Post by navgod on Jun 23, 2022 1:50pm

Options and split shares

Reading some of recent comments this bullboard it is obvious that some posters have a weak grasp of option strategy for split shares. What is "a buyer of covered calls"? - Quadravest is a writer of covered calls.This strategy basically trades limiting your upside in exchange for some option income. This income is better descibed as revenue as there is an offsetting cost.
Comment by Bigalex on Jun 23, 2022 2:03pm
Option traders aren't more bearish than stock traders. I trade option and i always search for bullish opportunity as the oil rally of the last year. U can also be bearish as a buyer of put option.
Comment by PileOfShit on Jun 26, 2022 6:56am
This post has been removed in accordance with Community Policy
North American Financial 15 Split Corp