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The week's question
In March 2025, in the thread "Re: OT, out", Umm asked the members: "Do you think it is because America is made up of magical soil that makes businesses based in America magically profitable?" This week it is put to everyone again. The button below opens the small thread re-asking it - read what others have said so far, then give your own answer as an ordinary reply.
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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: Bluehorseshoe ✧  😊 😞
Number: of 22351 
Subject: Re: What covered calls you got?
Date: 08/04/24 9:21 AM
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No. of Recommendations: 3
Instead, you can purchase new shares and deliver those.

True. But it would take ALOT of cash. Maybe more cash than I have on hand at the time and I like the optionality cash has given me. It is a good reminder though.

Even if I had to pay the long term cap gains taxes on my holdings I think my after tax realized price would still be well above my estimates of IV at expiration. I could be ok with that depending on what reality looks like at the time. We have been in rare air recently.

Jeff

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This community has written 21,861 posts about Berkshire Hathaway. The article-length ones it recommended most:
BRK: Why Not XOM? · 62 recs · 2024
Second quarter comments · 60 recs · 2023
Berkshire's Profit Contributors · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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