Thursday, August 02, 2012

Buy BRKB (sell puts)

Buy BRKB via selling Sep 77.5 puts @84.2
Story is the same as it has been all year, Berkshire has chart support and is doing a buy back. Chart base has moved up, so that 80 and 78 are decent support levels.

Long BRKB EWG
Net long LGF IWM SPY XRT

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