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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: Gator1984 ✭  😊 😞
Number: of 22353 
Subject: Re: 1 Year Out
Date: 04/01/23 1:05 AM
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No. of Recommendations: 10
I sell covered calls all the time. One piece of advice. Whatever strike price you get zeroed in on, choose one a little higher. You won't give up much in premium but you reduce the probability of triggering an event. Also, focus on tax implications if they get exorcised. I sell at much higher strike in accounts where I could be forced to take a large gain if exercised.

When stock move, up or down, the moves can easily be 20% within months.

I have been selling covered calls for years. Right now I have only $400 or higher strike prices. Also I am waiting for BRKB to pass $320 b4 I sell any more. Could happen in a week. BRKB was up approximately $10 this week.

FWIW

I have:

GOOGL calls $127.5 - $140
MSFT $340 - $350
PCG $20
AAPL $180 & $195 (Which looked far away when I sold)
DHR $330+
OXY $85 - $95
CVX $220+
WFC $57.5
BAC $40

I hope and expect all of these to expire worthless.

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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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