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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: Mark   😊 😞
Number: of 21944 
Subject: Re: Can't belive I did that
Date: 08/28/24 11:36 AM
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I just bought a few put options : )

I was just looking to sell some calls. And I went through all the near months through December. And I can't find one I like. I don't want to sell any at 490 or lower because the stock can pop to there very quickly (as we can all clearly see recently). And I don't really want to sell my shares (all taxable so large capital gains). But I do think there will be a pullback (closer to normal at some point). So I looked out to the 500s, and those only give me 1% or so out in Nov or Dec. I suppose it could be considered a dividend of sorts, but I keep wondering if 1% is worth it or not. But that's the nature of a true zero sum game that options are. The seller wonders if 0.99% is worth it, while the buyer wonders if 1.01% is worth it, until they "break" and accept 0.01% more/less and then the trade happens.
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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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