Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
No. of Recommendations: 0
On the put side open interest in the 495 and 500 is material strikes below that don't have much value.
On the call side the OI is material in the 497.5 strike all the way to 520.
It's hard to see brkb above 510 this week without very material news but let's see how the calls trade early this week.
I'm short the 460 and 470 puts, I'll just let them expire.
I'm still short some 505 calls at 26.90, I may buy them back before Friday depending on how it trades. This cycle was lucky, betting that brkb would NOT make any shareholder friendly moves into yearend worked out well.
Handicapping what the new team will do the first 90 days or so of 26 is much more difficult for option sellers.
No. of Recommendations: 0
At this rate brkb might be 510 plus by noon!
UNreal.
No. of Recommendations: 1
right after the close, 1,386,470 traded at 506.38. Part of a 1.5 to 2 million share buy at the same price.
Who knows how much buying power they still have, 75 $$ above what Buffett would pay.
No. of Recommendations: 1
Today after the close a million plus shares at 499.84.
It still feels like they will try and take the stock to 505 plus by this Friday, tho 510 seems like a reach without shareholder friendly news, which is very unlikely.
No. of Recommendations: 2
Here we go, with two days and an hour left in today's trading the common is 504.55 on the way to the 505s getting into the money. The 510 even have a shot of getting in the money by Friday.
No. of Recommendations: 1
I expect a good size block on the close again, maybe around 505.
No. of Recommendations: 0
About 1.5 million traded at 504.27 after the close. Two trading days left to get brk to 508-510ish by Friday.
No. of Recommendations: 1
amazing trading today.
after the close one block 4,865,000 traded at 494.53, and another 4 million shares traded in various size blocks at the same price. So, the 505,500, and 495 calls all became worthless. What a coincidence on triple witching day.
What a business.
No. of Recommendations: 1
Who knows if there is any correlation with the sizable late selling, BUT, the Epstein file drop late today contained many photos Bill G isn't proud of.
Perhaps Buffett should have severed all ties when Melinda did. Should be an interesting weekend of fact finding.
