Subject: Re: 1 Year Out
Looking out at Jan. 2024 expiry-Selling 1 contract of a BRK covered call with a strike of 360 appears it would price around $5.55. I suppose it would be a 'good problem' to have some shares taken away and a new BRK high (up 17%) from here, especially if a trim would be in the forecast anyway as it re-approaches its upper P/Peak BV range. Is this a reasonable 'sweet spot' of return, strike price & expiry for more experienced folks here? Thanks in advance!