No. of Recommendations: 8
I got scared out of the BRK-B 260 Jan'26 call when the P/B got to 1.55. Sold at 150 for a 16% gain.
Now it's going for 235 which would be a 81% gain.
When I sold, BRK-B was 383, now is 480.
Instead of buying those calls for ~$130 (150 - 16% gain), you could have simply bought stock for ~$320 (half as many shares) and now had a ~50% gain in a much simpler manner, with fewer decisions to be made. Buying high priced (ITM) calls gives you a little leverage, but you then suffer the loss of that time premium week after week after week.
