Buy BRKB via buying Aug 77.5 calls with
BRKB@74.0
A departure for me, buying calls. Berkshire Hathaway earnings come out after the close on Friday, and stock is near support. I am buying the 13% chance 77.5 calls because if earnings are bad, the higher priced, higher probability 75 strike calls are likely to go out worthless.
Long BRKB, GLD, IWM, SPY, TLT
No comments:
Post a Comment