No. of Recommendations: 1
A bit late, boys. Why didn't you do so when Berkshire´s price was really far ahead of itself?
Selling puts means you are agreeing to buy the shares at a fixed price in the future. Selling them when the price is very high is much less profitable than selling them when the price has dropped. It might make sense to sell calls when the price is far ahead of itself, but if you are selling puts, it is better to sell them at a high price when the price of the underlying shares is low and maybe buy them back for next to nothing when the price of the underlying shares has moved far ahead.
dtb
