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Good points!
But to clarify, I wasn't addressing whether now is a good time to buy BRK stock, or to buy DITM calls, I was just outlining the general strategy.
As far as the specific numbers used here - well, I had to pick some real world numbers and the current ones are all I've got!
But no, I wasn't necessarily suggesting to do this now.
However, I did find it interesting that you could buy ATM puts (as of yesterday) to go along with your 50% OTM DITM call and still retain 86% of the 'savings' of using the call instead of long stock. As mentioned, roll the long dated puts fairly frequently to minimize time decay.
