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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: Bluehorseshoe ✧  😊 😞
Number: of 21944 
Subject: Re: Berkshire's Higher, not Lower - Now What
Date: 01/21/25 5:07 PM
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But I could instead buy pack my puts, to close out the contract.


FWIW, I chose to close my similar but likely shorter dated contracts than yours. I held for five days total and was able to collect nearly 60% of the premium in less than 10% of the total time of the contract. With the remaining premium the implied interest rate was barely 2% which didn't seem to be worth the wait. I'm content to wait for another opportunity to do the same thing again.

I wish I would have done more but work and life were getting in the way a bit that day as I recall. One of the hazards of not simply going the buy and hold route.

Jeff
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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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