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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: tedthedog   😊 😞
Number: of 21943 
Subject: Re: Boomer Candy
Date: 06/29/24 9:51 AM
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An option strategy packaged as an ETF isn't necessarily a bad thing, not everyone trades options themselves.
The fees are published, and a fee for doing something that you can't do yourself isn't unreasonable (depending on the size of the fee).
But if you can't do it yourself, then how do you understand what they are doing and make an informed investment? Conceivably the right strategy implemented within an ETF at a reasonable fee could be something an old options hand might want to use when they decide to get less active. But that's not the market these funds are targeting.

On a brighter note, the idea of an ETF 'wrapper' for an options strategy has some appeal apart from less work for you. You're not rolling options forward at expiration yourself (taxable), they are doing it within the ETF so you're seeing "unrealized" (untaxed) gains of the ETF (...I think).

from personally not finding a buffer strategy appealing, my concern is that (from the funds I've looked at) that the option strategies are implemented in the ETF using FLEX options.
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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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