Subject: Re: Crazy idea: leverage up to buy put protection
One could sell 100 shares of Brk atm put with strike $500 and 1 year expiration, and pocket about $2000-2500 put premium. At the same time you put $50000k in Tbills earning 4%.
I did something similar in the early part of 2023. Each month I sold puts near the money, mostly around 300 strike or thereabouts. They all expired worthless except for one month, some 305 strike puts were assigned to me and I bought those shares at 305 and still hold them today. That's because whenever I sell puts, I only sell when I'm truly willing to buy stock at that price (strike minus premium received).