Originally Posted by
GunshipGuy
11 days of reserve? Do you mean X-days? And why just 4 for Max short calls--does his month have 16-20 (or less) reserve days in the bid period out of the 31? Confused....
Went to look it up to show you why I'm confused with your numbers:
Dec is a 31 day bid period. So from the way I read the table under 12.N.7.a. there are 24 reserve days, and for 23-25 reserve days you get 10 X days. Or just go to the bid package and you see 11 X-days for the 24 days of reserve and the ALV of 74. That would mean 13 days on reserve, right? And from the table in 23.S.2.c. it looks like the max SCs are 5.
I get that it's really 11 days on reserve if you take out the 2 CQ days, but you'd have to do that under the old contract too, wouldn't you? You can't very well put 11 down as a legit number for the new PWA and leave 15 up for the old PWA, unless the CQ days were taken from you X-days. 15 doesn't add up to me.