CBOE offers BRK-B options tomorrow

[rickf]

CBOE to list options on Buffett's Berkshire Class B shares

CHICAGO (Reuters) - Option traders will soon be able to speculate or hedge their risk in the shares of Berkshire Hathaway Inc (NYSE:BRK-A - News; NYSE:BRK-B - News), the insurance and investment conglomerate run by billionaire Warren Buffett.

The Chicago Board Options Exchange, the largest U.S. options exchange, said on Wednesday that it will list options on Berkshire Hathaway Class B shares, effective on Thursday.

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http://finance.yahoo.com/news/CBOE-to-list-options-on-rb-15552626.html?.v=1

 

[thegazelle]

Very interesting, appreciate you pointing it out..

 

[circadian]

.....at a price of One Trillion Dollars per contract!!

 

[mister_doodi]

Quarter million to exercise an option.

 

[nazzdack]

Quote from thegazelle:
Very interesting........

....the strike price increments, the bid-ask spreads, the ability to schedule an appointment to make a trade.......