Subject: Re: Option strategy on Berkshire
If we have a bear market, this trade would suffer but if the stock is neutral to higher this strategy would work.

The other risk is huge spikes up in the stock. You wouldn’t sell calls over earnings for that reason. This is also why I like using Berkshire with this strategy cause it’s a less volatile stock. You have the risk of assignment but frankly I’m not worried about it. I think I’d almost always roll the call before it got assigned.

I also don’t understand people who think this is a lot of work. Checking in on the stock every day is a lot of work? lol it takes a few minutes.

I’m definitely not worried that it won’t work because I get bad fills.