Berkshire Hathaway Inc. Unusual Bearish Options Activity Means Higher Risks

 Berkshire Hathaway Inc. Unusual Bearish Options Activity Means Higher Risks

In today’s session Berkshire Hathaway Inc. (BRKB) recorded an unusually high (135) contracts volume of put trades. Someone, most probably a professional was a very active buyer of the January, 2017 put, expecting serious BRKB decrease. With 135 contracts traded and 8594 open interest for the Jan, 17 contract, it seems this is a quite bearish bet. The option with symbol: BRKB170120P00155000 closed last at: $2.39 or 6.6% down. About 358,241 shares traded hands. Berkshire Hathaway Inc. (NYSE:BRK.B) has risen 6.77% since April 26, 2016 and is uptrending. It has outperformed by 1.51% the S&P500.

Berkshire Hathaway Inc. is a holding firm owning subsidiaries engaged in various business activities. The company has a market cap of $383.38 billion. The Firm conducts insurance businesses on both a primary basis and a reinsurance basis, a freight rail transportation business and a group of utility and energy generation and distribution businesses. It has a 0.01 P/E ratio. The Company’s divisions include GEICO, General Re Corporation , Berkshire Hathaway Reinsurance Group (BHRG), Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, Manufacturing, McLane Company, Service and retailing, and Finance and financial products.

BRK.B Company Profile

Berkshire Hathaway Inc., incorporated on June 16, 1998, is a holding firm owning subsidiaries engaged in various business activities. The Firm conducts insurance businesses on both a primary basis and a reinsurance basis, a freight rail transportation business and a group of utility and energy generation and distribution businesses. The Company’s divisions include GEICO, General Re Corporation (General Re), Berkshire Hathaway Reinsurance Group (BHRG), Berkshire Hathaway Primary Group, Burlington Northern Santa Fe, LLC (BNSF), Berkshire Hathaway Energy, Manufacturing, McLane Company, Service and retailing, and Finance and financial products. The Company’s insurance and reinsurance business activities are conducted through various domestic and foreign insurance entities. The Company’s insurance businesses provide insurance and reinsurance of property and casualty risks and also reinsure life, accident and health risks across the world.

More notable recent Berkshire Hathaway Inc. (NYSE:BRK.B) news were published by: Wsj.com which released: “Warren Buffett’s Berkshire Hathaway Discloses New Investments in Airlines” on November 14, 2016, also Bloomberg.com with their article: “That Big Berkshire Hathaway Railroad Deal” published on November 11, 2016, Investorplace.com published: “Berkshire Hathaway Inc. (BRK.B) Stock Lifted by a Q3 Beat” on November 07, 2016. More interesting news about Berkshire Hathaway Inc. (NYSE:BRK.B) were released by: Marketwatch.com and their article: “Warren Buffett’s Berkshire Hathaway bulks up on airline shares” published on November 14, 2016 as well as Businessinsider.com‘s news article titled: “Berkshire Hathaway earnings miss by $107 per share” with publication date: November 04, 2016.

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