No. of Recommendations: 0
Warren sold puts as well I believe when he happily added to our KO position back in the 80s. I wonder whether he used them when we bought so much OXY so quickly a couple years ago. I think he also said upon reflection, if you really like the business, just buy more of the stock vs. selling puts.
I do the same. When I like a company, I buy the stock. BUT, I don't enter the full position at once, instead I "leg in" over a few weeks/months, so sometimes over the ensuing months, I will use options opportunistically to accumulate more shares at slightly better prices.
