tag:blogger.com,1999:blog-973587304515257848.post6005172539380587709..comments2024-02-11T00:12:56.047-08:00Comments on IN THE MONEY TRADES: BRK-B ideaAnonymoushttp://www.blogger.com/profile/02083421527404780093noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-973587304515257848.post-62565725606171729202010-06-29T06:16:17.748-07:002010-06-29T06:16:17.748-07:00Again I think that selling calls and call spreads ...Again I think that selling calls and call spreads in this market place makes a lot of since. And like you mentioned in your post above, a lot of the up move the other day was related to the Russell 2000 re-balancing which we saw when BRK-B was first listed and included in the S&P 500. I think it is a fadable event in this market place, Sorry Buffet.Anonymoushttps://www.blogger.com/profile/02083421527404780093noreply@blogger.comtag:blogger.com,1999:blog-973587304515257848.post-36169598133062459492010-06-28T22:40:37.611-07:002010-06-28T22:40:37.611-07:00I was filled on this at .41. I had penciled in .50...I was filled on this at .41. I had penciled in .50 over the weekend using Friday's closing prices but the stock had fallen a bit by the time I took a look today. Since these are naked calls I would have to consider closing it out for a loss should be breach a new 52-week high. I would probably look to close this trade out early for a smaller than max possible gain if it pulls back in the next few days. This is an uncharacteristically volatile looking chart for what is basically a mini basket of pretty conservative stocks.Jason Haashttps://www.blogger.com/profile/08138027111150684908noreply@blogger.com