EDIT. Why would any savvy investor, sell the heads, putting...

EDIT.
Why would any savvy investor, sell the heads, putting downward pressure on their investment that they are trying to get a bigger slice of?? You would as you keep saying thats what is happening. However those who are a little and a lot more switched on then you would source the money from other poor performing assets.

It doesnt surprise me in the least that you would invest like this as weve seen where and how you place your money on other stocks. Investing 101 you sell underperfoming stock and hold performing stocks.

Perhaps thats why KNL isnt going anywhere?? If KNL holders also held MNSO the smart ones would be selling KNL and using those funds to convert the options. DYORR.