It seems Warren is buying up Chubb and wanted to keep it a secret.  People are diving in head first now that the secret is out?

Should you buy the stock?  Since the news the stock has jumped 6%.  Is there room for profit?

Should you buy the stock options?  Let’s look 1 year out.  2 options exist for Chubb on June 20, 2025

– 215.00 (selling for $45). in the money.  seems like new found gold if you ask me.

– 295.00 (selling for $14).  implies a 10% gain at least to make a profit)…. based on Warren keeping a secret this could easily be gold as well.

In my opinion,  and a I am not qualified for this,  I’d dive in. DEEP.

Update (Oct 22, 2024)

For starters, I didn’t invest in Chubb Limited with traditional stocks or options.  I wish i did though!

Since the original post on May 16th, 2024 when Chubb which closed at $264.88 the stock has risen to $297.85.

The 2 option prices I mentioned above are now as follows:

– The strike of 215.00 has risen from $45 to $53.85 since May.  Actually, this seems curious to be so low.

– The strike of 295.00 has risen from $14 to $26.92 since May. Long shot seems to have paid off.

5 months is a while to wait for a return on options if you’re used to trading daily or weekly options.  You need to lock in your money for months compared to days.  Lots of missed opportunities during that time could drive you nuts.