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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", BreckHutHigh asked the members: "What about the long road trips with kids?" 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: Mark19   😊 😞
Number: of 21943 
Subject: Re: OT
Date: 06/17/26 7:28 PM
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buy

That's probably not bad advice, either. SpaceX is many things, but one of them is the world's biggest meme stock. So "up" is certainly possible.

So how to make a buck? I can imagine pretty good odds that the price won't stay at or very near its current levels. It will change. So maybe a long option strangle? With that strangle you make a whole lot of money if the price goes up a lot, and a whole lot of money if it goes down a lot, but lose a finite moderate amount if it stays in a tight range.

Or, similarly, a short put condor. The gains on big stock moves up or down are bounded, but the loss in the middle is smaller.

Jim


Thanks. Those are good ideas. I am only comfortable with leaps and calls and puts.
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This community has written 21,448 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 · 57 recs · 2023
Summary of 2Q 2026 · 54 recs · 2026
3Q Summary · 53 recs · 2024
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