Even a covered call strategy on a dog like BRK-B doesn't work? Why?
If BRK-B is so undervalued why won't the market eventually recognize this? And surprising enough a simple covered call strategy doesn't appear as if it will work on a dog such as BRK-B. It is grossly underperforming the market and appears to have serious resistance at the $79 level.
Not if the darn 80 level won't even hold when BRK-B keeps "slipping" in a healthy tape. Naturally I'll refresh (or you could call it recycle in this case) and move it out another month. BRK-B "should" be a good candidate for this.