The creator uses Take 2 as an example of a niche opportunity, holding a 5-10% position with the potential to 3x, which could significantly increase account value.
Source Post
The Truth About 10% Yield Canadian Covered Call ETFs (Risk vs Reality)
Aug 29, 2026
The creator discusses the popularity and risks of covered call ETFs, particularly in Canada. While acknowledging their appeal for income generation, the creator emphasizes that they are not a one-size-fits-all solution and can lead to underperformance compared to growth-focused strategies, especially in strong bull markets or volatile periods like the pandemic. A well-rounded portfolio including growth, income, and international components is recommended.
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Tickers discussed in this post
The creator mentions Nikola stock as an example of a risky investment that could lead to financial ruin.
The creator avoids trading Nvidia due to its high volatility, making it difficult to trade options or sell covered calls without losing shares.
The creator mentions doing random trades with Tesla.
The creator suggests that investors might be better off holding broad market ETFs like XQT or VEQT, as they have been performing well, averaging around 20% per year over the last three years.
The creator still holds Apple and sells monthly covered calls on it, generating approximately $1,500 USD per month, though acknowledges this strategy isn't always successful and requires significant capital.
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Tracked calls opened from this post
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