FWIW, I sold 44% of my BRK positions through March last year.


A similar reduction in total shares controlled for me due to all the leaps I sold off through late March last year. I even sold some covered calls against part of my remaining holdings during that period. I was lucky and able to capture about 50% of the premiums on the covereds by late May. By end of June I had bought back all the leaps and controlled more shares than when I started the year.


Now the tax man cometh.

And it's time to decide what to do with the June23 calls in a much higher interest rate environment. Implied interest rates on all expirations have dropped nicely over the last few weeks with lower rates predicted by year end from most market guessers. I already have a slug of Jan24s I'll have to do something with so maybe a Jun24 roll is in order for me. Or maybe just straight shares and back away from the leverage party. But where's the fun in that!

Jeff