The problem I have with covered calls is that the potential upside (when the stock goes up and the call holder exercises) is almost always less than the downside (when the stock declines substantially.) I prefer following the old maxim of letting profits run and cutting losses short.
High-Yield Canadian Royalty Trusts: What's the Catch? [View article]
I believe that US holders of these trust units can apply the 15% tax withheld as a foreign tax credit on their US federal income tax returns. As always, check with a qualified tax advisor.
Income in a Zero-Rate World [View article]
High-Yield Canadian Royalty Trusts: What's the Catch? [View article]