Options Trading Tutorial

Wondering how to buy call options of berkshire hathaway options thru discount brokers?

Public Comments

1. Try Options Express
2. Go to http://www.optionetics.com and click on the link for brokers. Open an account with one of them.
3. There are no options for Berkshire stocks.
4. Set up an option trading account, look up the symbol of the option you want, and issue a 'buy to open' order on it. Keep in mind that option prices are quoted on a per unit basis, but sold in lots of 100, so the price you pay for a contract is 100x the quoted price. When you go to sell, make sure you choose 'sell to close', or you could get screwed by the IRS.