Subject: Re: 1 Year Out
Looking out at Jan. 2024 expiry-Selling 1 contract of a BRK covered call with a strike of 360 appears it would price around $5.55....
Is this a reasonable 'sweet spot' of return, strike price & expiry for more experienced folks here?
The best time to consider such things is when the share price seems rich, even toppy.
The moments when you remember that phrase: "When Mr Market offers you a really good price, you should hesitate before turning him down".
That doesn't seem to describe today's situation.
Jim