Subject: Re: Reduced significantly
Selling those calls, or something like it, is a very interesting idea, I'm going to look into it. Thanks!
As an aside, as I'm sure you know but perhaps others following may not: selling an ITM call on a dividend paying stock (BRK doesn't pay dividends) requires extra care. The counterparty might exercise around ex-div date to capture dividend if ex-div date is in the lifetime of your option. In fact, if you're not paying attention, you can end up having to pay them the dividend too!