OPTIONS STRATEGIES AT DOYENNE
How we use options to enhance your portfolio — with clarity and control.
Two Tools. Two Purposes. One Disciplined Approach.
At Doyenne, we use only two options strategies — each serving a different role in a long-term, risk-managed Canadian portfolio.
1) COVERED CALLS
Goal: Generate Additional Income
How Covered Calls Work
- You own the shares
- We sell a call option on those shares
- You collect income (the option premium)
- Your shares remain in your portfolio unless “called away”
Benefits
- ✔ Predictable income
- ✔ Helps reduce volatility
- ✔ Useful in sideways markets
- ✔ Excellent for income-focused or near-retirement investors
2) LONG CALLS
Goal: Access Growth with Defined Risk
How Long Calls Work
- You pay a small premium
- You gain the right (not obligation) to buy shares later
- Upside potential if the stock rises
- Downside limited to the premium cost
Benefits
- ✔ Growth exposure with limited risk
- ✔ No leverage or margin
- ✔ Lower volatility vs owning the full stock
- ✔ Useful for selective, high-conviction opportunities
OUR PHILOSOPHY: CLEAR. CONTROLLED. CLIENT‑CENTRED.
No Leverage
We do not use margin, speculative derivatives, or complex option spreads.
Transparent & Simple
Every options strategy is explained clearly before implementation.
Aligned With Your Plan
Options are only used when they strengthen risk-adjusted outcomes.
WHEN WE MAY USE OPTIONS
| Your Goal | Strategy Used |
|---|---|
| Generate more income | ✔ Covered Calls |
| Smooth volatility | ✔ Covered Calls |
| Seek controlled growth | ✔ Long Calls |
| Reduce concentration in volatile equities | ✔ Long Calls |
| Improve tax efficiency (varies by province) | ✔ Covered Calls |
WHAT YOU ALWAYS GET WITH DOYENNE
Clear documentation
Risk‑controlled sizing
Respectful, judgment‑free guidance
Integrated planning with your accountant/lawyer
No surprises, no hidden risk
WANT TO KNOW IF OPTIONS FIT YOUR PORTFOLIO?
Book a Call »
Explore Our Strategies »
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