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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: hclasvegas   😊 😞
Number: of 21937 
Subject: Re: Check Capital Management BRK Options Stragegies
Date: 10/19/23 7:04 AM
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"" (in your example, you as market maker would be the putative buyer at 6.60, not seller)
"" mornin jim, if you are offered at 6.65, and I, the MM< sell 50 at 6.65, I can't lose. WORST CASE, stock moves higher, I'm short 50 at 6.65 ,I buy the 50 you have offered at 6.65, I broke even. IF, brkb trades down,like it did yesterday, I'm short 50 calls at 6.65 , and I will try to buy them back at a lower price, hence a very low risk trade, for me. As a MM< I would LOVE to have you and other retail players put me in that position, 1000 times a day, limit orders for the day , buy or sell!! IN fact, I would send you Sees chocolate's weekly, to show you my appreciation. I type with one finger, so I try to keep it brief, what am I missing? Thanks.
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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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