Q: Happy Easter to you Team 5i! Happy every day!
I would like to petition our members of a Parliament to allow writing cash-covered puts in registered accounts. Writing covered calls is allowed. Unless I have it wrong, the risk levels are identical.
If allowed, the benefits to investors would be huge.
Would you consider joining such a petition? You certainly know many in the money management business. Would you consider asking them to join?
Is there a financial planner organization in Canada? If yes, the petition I wold like to launch should come from that organization.
Please let me have your thoughts on this.
I would like to petition our members of a Parliament to allow writing cash-covered puts in registered accounts. Writing covered calls is allowed. Unless I have it wrong, the risk levels are identical.
If allowed, the benefits to investors would be huge.
Would you consider joining such a petition? You certainly know many in the money management business. Would you consider asking them to join?
Is there a financial planner organization in Canada? If yes, the petition I wold like to launch should come from that organization.
Please let me have your thoughts on this.