Monday, April 10, 2017

Berkshire Class B Covered Call Trade

Sold BRK/B April 7 2016 puts at $1 then bought them back at 0.20 from 3/27 to 4/04. 80% return in a few days.

Berkshire is a conglomerate of multiple companies that has outperformed the Standard and Poor's 500 over the past 40 years. It's driven mostly by it's insurance companies.

Warren Buffet's annual letter to Berskshire Hathaway stock owners is a good read this year and every year.

The other option is to trade SPY options.

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