Greg Group's  Instablog

Greg Group
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MBA with extensive background in strategy and investing. Founder of investing company specializing in advanced option strategies and monthly income generation through covered calls and other investments.
My company:
Get Rich - Stay Rich
My blog:
Get Rich - Stay Rich: Investing for Monthly Income
My book:
Get Rich - Stay Rich: Investing for Monthly Income
  • New Covered Call Trade on Berkshire Hathaway 0 comments
    Sep 27, 2011 11:10 AM | about stocks: BRK.B

    Following Warren Buffett's decision to buyback shares of BRK.B, I placed a new covered call trade on Berkshire Hathaway.  The buyback will place a "floor" on the stock price so there will be limited downside because as price decreases Buffett will buyback more shares.  Therefore, I placed a covered call by selling the October 2011 72.5 call for each 100 shares of BRK.B shares.

    Stocks: BRK.B
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