Post #11353 by Bluehorseshoe on the Berkshire Hathaway board

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

Unthreaded | Threaded | Whole Thread (3)

Post New | Post Reply | Report Post | Recommend It!

No. of Recommendations: 3

But I could instead buy pack my puts, to close out the contract.

FWIW, I chose to close my similar but likely shorter dated contracts than yours. I held for five days total and was able to collect nearly 60% of the premium in less than 10% of the total time of the contract. With the remaining premium the implied interest rate was barely 2% which didn't seem to be worth the wait. I'm content to wait for another opportunity to do the same thing again.

I wish I would have done more but work and life were getting in the way a bit that day as i recall. One of the hazards of not simply going the buy and hold route.

Jeff

Post New | Post Reply | Report Post | Recommend It!

Print the post

Unthreaded | Threaded | Whole Thread (3)

Prev | Next

Announcements

Berkshire Hathaway FAQ

Contact Shrewd'm
Contact the developer of these message boards.

A community forum supporting civilized, and highly helpful, self-educating investors that come together for Shrewdness and merry spirits. These message boards closely follow the look and feel of the old message boards at boards.fool.com prior to the boards redirected to discussion.fool.com. Shrewd'm is not affiliated with the comprehensive and excellent investment website, The Motley Fool (TMF), in any way. The Shrewd commmunity here has owed, and continues to owe, gratitude to The Motley Fool for nurturing a culture of jovial irreverence towards Wall St, and that tradition will continue here.