Yeah, but they need to cut it more than that. You need to back out the 30 cents from the puts. So take the 2.48 less 30 gives 2.18 or a 9.1% yield @ $24. Still a good yield assuming they can replace production. Markets often overshoot, so I am waiting. Risk is that SEC could wind up at anytime, but other than that no catalyst to boost price for another quarter.