Re: BFH - why so unloved? - Falling Knives board

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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Investment Strategies / Falling Knives

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No. of Recommendations: 6

e.g., you can get a premium of $4.30 for a June $27.50 put.
The stock is at $27 on the dot.

Stock has jumped 7% today, now at $28.59, so those puts are now out of the money. (that's a good thing if you're short them)
With the bid/ask so large it's hard to say how much better things look today, but quite a bit.
Gosh, I wish the first day or two of all my notions worked that nicely : )

Jim

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