I've been waiting for a bit of a pull-back in BRK to sell some covered calls. I decided a couple of days ago that I would sell one contract today anyway in advance of Q3 earnings in case that triggered a significant pullback. I guess this is just a "feel-good" token sell but today I sold a single contract on the 580 Strike Call expiring 19 Mar 2027 for $30.95.

Strike = 1.67 x Q2 book.
Strike + premium = 1.75 x Q2 book.

Obviously these multiples of book will drop when Q3 book is known but these seems like acceptable numbers to me.

If tomorrow looks like a confirmation of the start if a bigger pull-back, I may sell another "token" contract and then wait until after the Q3 report to decide whether to do anything more substantial.

Nice to see at least one position with a 13%+ gain today (14%+ since I opened the position a few hours ago). :-)

StevnFool

P.S. I previously mentioned selling Jan 2028 calls (strike 520) on 15 Sep. I closed that position two weeks later for a small (~16%) profit. (Luck perhaps but I like to convince myself that I had some sort of edge.)