Post #3095 by mungofitch on the Berkshire Hathaway board

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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)

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In July When BRK.B was trading at just under $350 I wrote January $350 calls for a premium of $19.35 net of commissions.
...
$29.79 is what you paid to close the original calls.

Yes, sorry. My mistake. Duh.

I was trying (but failing) to describe the original situation!
Breakeven = strike + premium collected

The breakeven for the original position was indeed 350+19.35 = $369.35.

Jim

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