We aren't anywhere near historic lows. I remember in the not too distant past when the CAD was .60 to the USD
Jan 2016 Puts @$130
and am ready to sell more.
Mr. B's salary is $100,000/year. I gues you get what you pay for.
If you plan on using options, the options for SPY are far more liquid.
$0.61, 5% yield. Better than a poke in the eye with a sharp stick.
Sept puts @ 132
Sept Calls @135
Will my shares get called away?