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VOLX

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1d
1w
1m

Analysis and statistics

  • Open
    6.8676$
  • Previous Close
    6.8676$
  • 52 Week Change
    --
  • Day Range
    0.00$
  • 52 Week High/Low
    --
  • Dividend Per Share
    --
  • Market cap
    --$
  • EPS
    --
  • Beta
    --
  • Volume
    --

About

VOLX.TO is the ticker symbol for the Horizons US Large Cap Equity Covered Call ETF. This exchange-traded fund is designed to provide investors with exposure to the performance of large-capitalization U.S. equities while also generating income through a covered call strategy. The ETF invests in a portfolio of U.S. large-cap stocks and writes covered call options on a portion of that portfolio. The goal is to provide a combination of equity market participation and option premium income.
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Factors

Volatility Expectations: VOLX.TO tracks the implied volatility of the Canadian stock market. Higher volatility expectations drive the price up, reflecting anticipated market swings.

VIX Index Movements: The underlying index VOLX.TO follows is directly related to the VIX. VIX increases cause VOLX.TO prices to rise, while VIX decreases lead to price declines.

Market Sentiment: Overall investor fear and uncertainty influence VOLX.TO. Negative market sentiment usually increases demand for volatility protection, boosting the ETF's price.

Supply and Demand: Like any ETF, supply and demand pressures impact VOLX.TO. High demand for the ETF pushes prices higher, while increased selling pressure can lower prices.

Time Decay: VOLX.TO, like other volatility products, experiences time decay. As expiration nears, the value of the underlying options diminishes, potentially lowering the ETF's price.

Interest Rates: Changes in interest rates can indirectly affect VOLX.TO by influencing overall market conditions and investor sentiment, which, in turn, impacts volatility expectations.

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