Subject: Re: Puts
Sorry, ignore that post.
I filled a column with the constant current book value thinking it would just copy the constant down, and Excel added $1 per B share for each row! (each possible put contract)

The re-entry for the contract I mentioned equates to about 1.484 times book, still a fair bit higher than average, not lower than average.

The theory is good I think, but the stock price isn't nearly low enough at the moment for remunerative put writing to offer an attractive re-entry price.

Jim