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Thread: Dual-listed stocks for gambit trades

  1. #11
    Senior Member leoc2's Avatar
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    Here is a dual listed stocks spreadsheet I discovered on another forum.
    https://docs.google.com/spreadsheets...-wA/edit#gid=0


  2. #12
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    Thanks for the link, that's interesting. If you limit it to stocks that have more than 1M daily volume on both sides of the border, and then eliminate miners (too volatile for gambits) you get this list:

    BB
    BAM.A
    CM
    CNQ
    CNR
    ENB
    ECA
    MG
    MFC
    POT
    RY
    SU
    TD
    TRP

    (I added CNR because my calculation of recent volume shows it averages above 1M shares daily in the US)

  3. #13
    Senior Member humble_pie's Avatar
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    jas4 why are there 2 almost identical threads going on this topic?

    i'm wondering, do you think you might be able to ask the moderator to combine them? he seems like a good guy, very organized & logical

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  5. #14
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    Good idea, I merged the threads to discuss this choice of carrier stock. I left the the old ShoGam thread alone (focused on the short-first procedure).

  6. #15
    Senior Member humble_pie's Avatar
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    Quote Originally Posted by james4beach View Post
    Thanks for the link, that's interesting. If you limit it to stocks that have more than 1M daily volume on both sides of the border, and then eliminate miners (too volatile for gambits) you get this list:

    BB
    BAM.A
    CM
    CNQ
    CNR
    ENB
    ECA
    MG
    MFC
    POT
    RY
    SU
    TD
    TRP

    (I added CNR because my calculation of recent volume shows it averages above 1M shares daily in the US)


    BAM/BAM.A is regularly doing a million shares on both sides of the border?

    gosh who knew. I have bam shares, the liquidity is so low that the options are pitiful in both countries.

    i'd leave out CNR because individual shares are too expensive, it might be too difficult to gambit a specific dollar amount without doing an odd lot.

    are we really getting those penny spreads in both countries in commerce bank, enbridge & magna though. what about blackberry, is it really cutting the biscuit.

    sigh. When all is said & done we likely end up with the true & trusty big green, the true & trusty roybank, often an mfc or a trp or a cnq, that's about it.

  7. #16
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    Quote Originally Posted by humble_pie View Post
    BAM/BAM.A is regularly doing a million shares on both sides of the border?
    You're right, it doesn't. There must have been a problem in that external spreadsheet.

    Average volume on BAM currently runs only 800K ish in the US. Thanks for the reminder on that and it probably should be striked from the list.

  8. #17
    Senior Member humble_pie's Avatar
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    stricken

    one could also say struck

    there are english verbs with irregular passé composé tenses, as "strike" or "wake." eg the besieged city was stricken with cholera, the sleeping beauty has woken up.

    but like the subjunctive, these beautiful tenses are disappearing from contemporary english

  9. #18
    Senior Member My Own Advisor's Avatar
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    Quote Originally Posted by james4beach View Post
    Thanks, ENB and TRP look suitable.

    I agree with humble_pie and the stocks must be liquid. Maybe MoA is thinking of a different kind of operation?
    Sorry, yes, was thinking of something else when I wrote my response! To clarify, I use big bank stocks. RY is a good one.
    Hidden Content - Working on a $1 million portfolio and $30k per year from it.

  10. #19
    Senior Member leoc2's Avatar
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    Quote Originally Posted by leoc2 View Post
    Here is a dual listed stocks spreadsheet I discovered on another forum.
    https://docs.google.com/spreadsheets...-wA/edit#gid=0
    Use the above spreadsheet and sort column G or H to find the most desirable conversion rate. Keep in mind there is a 20 minute delay on the stock quotes.

  11. #20
    Senior Member humble_pie's Avatar
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    Quote Originally Posted by leoc2 View Post
    Use the above spreadsheet and sort column G or H to find the most desirable conversion rate. Keep in mind there is a 20 minute delay on the stock quotes.


    even a one-minute delay in an arbitrage operation is lethal

    is why things always boil down to the tried & true. the big green. the big navy blue. maybe 3-4 other stocks.


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