Options Strategies for Your RRSP and TFSA
One of the biggest misconceptions about the Registered Retirement Savings Plan (RRSP) and Tax Free Savings Account (TFSA) is that they can only include cash, stocks, bonds, and other simple assets. But in reality, these savings accounts can hold a wide variety of asset classes, including options. Options Strategy in an RRSP for Young Investors An RRSP is a retirement savings account designed to motivate Canadians to save for their...
World’s First Option on Bitcoin ETF
Canada is the first country in the world to bring ETFs to investors. Once again, Canada has proven itself to be an innovator in capital markets by introducing to the world the first physically settled Bitcoin ETF, through Purpose Investments ETF (symbol ticker: BTCC.B/BTCC.U) as well as the world’s first options on bitcoin ETF. Investors can now access diversification and growth potential via an ETF with no need of a digital wallet...
DeFi Options Protocol Opyn Raises $6.7 Million
Opyn has raised $6.7 million in funding. Paradigm was the main contributor to the options protocol’s Series A funding round. Paradigm Backs Opyn Opyn has raised $6.7 million in a Series A funding round. The cryptoasset investment firm Paradigm led funding for the DeFi options protocol. Other contributors included Dragonfly Capital, which led the seed round, Synthetix founder Kain Warwick, and Aave founder Stani Kulechov. Opyn...
A long position is a trading strategy that can help you profit from a stock, whether its price rises or falls
Taking a long position, or going long as professional traders call it, involves buying options to bet on a share price's moves. It often indicates optimism about a company's stock. JOHNNY EGGITT/AFP via Getty...
Options let you lock in a good price on a stock without actually buying it - here's how trading options works
Like putting down a deposit, trading options offers a way to secure the right to buy or sell an asset - without obligating you to actually do so. John W Banagan/Getty Images An option is a contract giving you the...
Billionaire investor Chamath Palihapitiya follows Reddit investors into GameStop with purchase of bullish options that start paying out if the stock soars another 28%
Brian Ach/Getty Billionaire investor Chamath Palihapitiya joined Reddit investors and piled into GameStop with a purchase of bullish call options on Tuesday.Palihapitiya tweeted on Tuesday that he purchased $115...
