Post #5089 by Engr27 on the Berkshire Hathaway board

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

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Thanks Jim for your generosity in teaching with such clarity. I must admit, it’s added a bit more fun (and profits) by “dipping my foot” in the DITM call LEAPS although I have plenty more to learn.

I second that "thanks".

I've been using options for more than a decade and I am amazed at the endless ways of making (or losing) a buck with them. I finally got away from selling cash secured puts in Spring 2020 when the steamroller caught up with me.

DITM calls when BRK is cheap and covered calls when it is expensive have been my only recent uses of options.

Now I need to compare the upside and downside of this new (to me) use of DITM calls for when BRK is not cheap.

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