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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: Engr27   😊 😞
Number: of 21937 
Subject: Re: Boomer Candy
Date: 06/30/24 9:33 AM
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Although the pay-off diagrams of covered calls and cash secured puts are the same at expiration

I think the detail that is often missed is that an OTM put is equivalent to an ITM covered call.

If the OTM put expires worthless, then you have collected the premium and do not own the stock.

At the same stock price the covered call will be ITM. You will have collected the premium and you no longer own the stock (it was called away).
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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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