Subject: Re: I’m Trimming - Filed @472
I agree with Jim.

I have sold calls for Jan 2025 at:


430
440
460
470
480
490
500
510
520

Small amounts at the lower prices.

I have been doing covered calls for 5+ years on BRK

Rarely exercised and always able to buy back for less than exercised. I assume the same will be true this time for some if they are exercised.

Only the $500+ are in taxable accounts, which when I began this path I assumed was 10% ish above fair value? Fair value IMO has rarely occurred over 25 year span of my owning BRK.

It may be an exciting next 5 months.

I assume it is OK to sell above my view of fair value, but of course that number grow at 8% ish per year.