Nilus Mattive - Financial analyst, editor of Dividend Superstars, and editor of Weiss Research's daily e-letter, Money and Markets.

Berkshire Hathaway Is Now “Optionable”

by Nilus Mattive on June 25, 2009

in General

I have written a lot about Warren Buffett’s Berkshire Hathaway, including details on the company’s own options positions.

And in Dividend Superstars, I have also been writing a lot about using options to generate additional income.

Now, the two subjects are colliding with a recent development in the Windy City.

The Chicago Board of Options Exchange recently began trading options Berkshire Hathaway’s ’B’ shares. The new options were intially listed with  strike prices of $2,800, $2,900, $3,000 and $3,100, and expirations in July, August, September and December. 

If you own shares of BRK, you can now consider writing covered calls against your positions. And if you always wanted to play the stock, but didn’t want to shell out $3,000 a share … you now have a cheaper “option.”


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