No. of Recommendations: 2
It's about judgement and nothing is 100% certain, even Buffett still made mistakes in the recent past.
The correctness of a decision is not determined by the outcome. It is determined according to what information you know at the time of making the decision.
If you make a good decision, but the outcome is bad, it wasn't a mistake.
For these DITM LEAP options I primarily look at the implied interest rate of the call, whether buying a new option or rolling a current holding.
I've had some BRK-B calls in the 3% range, while some have been up to 5%.
It has been a loooong time since the P/B has been low enough to buy.
