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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: Gator1984   😊 😞
Number: of 21943 
Subject: Re: 1 Year Out
Date: 04/01/23 1:05 AM
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No. of Recommendations: 10
I sell covered calls all the time. One piece of advice. Whatever strike price you get zeroed in on, choose one a little higher. You won't give up much in premium but you reduce the probability of triggering an event. Also, focus on tax implications if they get exorcised. I sell at much higher strike in accounts where I could be forced to take a large gain if exercised.

When stock move, up or down, the moves can easily be 20% within months.

I have been selling covered calls for years. Right now I have only $400 or higher strike prices. Also I am waiting for BRKB to pass $320 b4 I sell any more. Could happen in a week. BRKB was up approximately $10 this week.

FWIW

I have:

GOOGL calls $127.5 - $140
MSFT $340 - $350
PCG $20
AAPL $180 & $195 (Which looked far away when I sold)
DHR $330+
OXY $85 - $95
CVX $220+
WFC $57.5
BAC $40

I hope and expect all of these to expire worthless.

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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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