Subject: Re: Covered call?
I sold some January 2026 $500 Cs for $44 and am using the proceeds to finally payoff the last of my student loans from about 15 years ago. The rate on the loan floats around (Fed Funds Rate +3.6%). From 2010-2023, with rates so low, it seemed only rational to buy stocks (especially Berkshire) rather than reducing my debt. But since 2023 the loan rates (and Berkshire) have gone up quite a bit.
So worst case, if the BRK.B shares get called away I'll have netted a 300% gain (~15% annualized) since I bought those particular shares a little less than 8 years ago for $180 each.
Heads I win big, tails I still did pretty darn well.