I guess all I’m saying is that they would get th
Post# of 36537
So if the stock trades in a range of $4.50-$4.75 on a given day and the avg of the lowest 3 of the last 12 days was $4.00, they would buy a put quantity of shares from Joe at $4.00, the lower of those. And if the stock was just trading at $4.50-$4.75 that day, it would hopefully be trading that high or higher after they receive the shares... so there’s the discount.
And if the SP continues to go up because Joe says he’s going to do X, Y, and Z w that money, maybe they sell off those shares in the $5s and open up room for Joe to put more to them...
And we’re happy, too!