Warren Buffett Puts to Distort the Market in 2019

Discussion in 'Options' started by Daal, Nov 27, 2008.

  1. Daal


  2. 4XQs


    Except for one thing: What on earth is going to stop Buffet's successors from hedging in front of the expiration of the puts? The point hinges on the fact that traders on the other end of the trade will manipulate the closing date. But Berkshire can anytime they want (say 1 month, 2 months before expiration) hedge and lock in any profit or loss to avoid such manipulation.