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Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A)
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Author: WEBspired   😊 😞
Number: of 15056 
Subject: Re: Puts
Date: 05/27/2024 3:29 PM
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“In January, when BRK.B was $360-$370, you sold $400 calls. Then it made a big move up. So why not sell calls now and recover your (small) loss?”

Fair question and I did think about rolling up and out. I’m still in the option learning phase & content to own stock only for now(BRK up >27% over last 12 months). I wrote some June ‘24 440 covered calls in 2/24 for $6.85/ contract & I’ll just those ride out. The risk of contractually releasing hundreds of Berkshire shares I honestly found more unsettling than anticipated, even if the premium received would have made it slightly profitable.
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