The Canadian asset manager with CA$7 billion in covered call ETFs has taken a novel approach by utilising daily options on the S&P 500 while being primarily exposed to domestic equity.

Days after the debut of the DayMax ETFs, Nick Piquard (pictured) , chief options strategist at Hamilton Capital Partners (Hamilton ETFs) received inquiries about the possibility of doing zero day to expire (0DTE) options on Canadian assets. The interest stemmed from Hamilton Enhanced Canadian Equity DayMax ETF (ticker: CDAY), one of the three DayMax exchange-traded funds (ETFs) recently launched by the Toronto-based ETF provider which manages approximately CA$9.0 billion in total assets, 75% of