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The week's question
In December 2024, in the thread "Re: BRK: Why Not XOM?", sykesix asked the members: "What do you do if you arrive early at movie besides go to the snack bar?" 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: mungofitch ✹✺🐝🐝🐝 SILVER
SHREWD
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Number: of 22989 
Subject: Re: Check Capital Management BRK Options Stragegies
Date: 10/19/23 5:17 AM
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No. of Recommendations: 13
The target audience of their covered call strategy is: ...

Not sure anyone cares, but I closed some of the calls I'd written. (all of my Jan $370 contracts; I have two other strike/date combos left)
I made 82% of the maximum possible profit in 44% of the maximum elapsed time, good enough for me.

Notionally, closing a call like this is equivalent to buying stock on a dip: my net BRK position is now [probabilistically] larger.
I don't think the current price is compelling enough to run out and buy more stock other than in this context, but my share count is up the way I track it, assuming all contracts are exercised.

Jim
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This community has written 22,499 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 · 58 recs · 2023
Summary of 2Q 2026 · 55 recs · 2026
3Q Summary · 53 recs · 2024
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