No. of Recommendations: 1
As more I think about it as more I want to sincerely apologise for this:
Said: I wouldn´t be surprised if Jim were currently busy on his PC, doing exactly what you have in mind (being part gambler I bought puts instead :)
That was written far too spontaneously, without thinking. Yes, I bought puts with BRK.B at $520 and sold them at $510 --- but that´s sooo different from selling covered calls and eventually having the stock called away, a totally different risk (not to lose "gambling money", but to be out of Berkshire eventually forever) --- as Bluehorseshoe just pointed out.
So my apologies to anyone my post might have supported in selling covered calls. That´s the difference to Jim and others. I write too spontaneously, seeing the flaws in what I say afterwards (or never). So take them with many grains of salt.
