Yesterday I bought BRK/B puts. As more I think about it as more I think it was a mistake and I will sell them quickly.

Instead next week I want to sell the first time in my life covered calls:
- Jan'25 $430 for $10 = yield nearly 3%, risk of execution at >= $440
or
- Jan'25 $420 for $14 = yield 4%, risk of execution at >=$434

Plan: Ideally buying back them back already during the year (price dip, low time value etc.)

Emergency plan: Buying back no matter how big the loss if BRK/B rises to $425 respectively for the second option $420. Why? Because those old shares have an exceptional tax treatment here in Germany (gains are tax free), which shares I'd buy today wouldn't have, therefore they are far more valuable than "normal" Berkshire shares.

As this is the first time ever I'd sell covered calls I'd very much appreciate comments.

Berkshire Hathaway FAQ

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