A Tax-Free Savings Account (TFSA) is a registered tax-advantaged savings account that can help you earn money, tax-free. You can think of a TFSA like a basket, where you can hold qualified investments, that may generate interest, capital gains, and dividends, tax-free. ...
Assuming you have enough money to buy the underlying stocks (for a call) or enough stock to sell (for a put), options can be exercised at any time. It’s usually in an investor’s best interest to wait until the expiration date when any “in-the-money” options will be auto-exercise...