needhelp1700

i'm not sure if either of the above answers helped, but here's another way to think about it:

paying a div = paying out equity (essentially, retaining less equity for future growth), which reduces the value of a share.

because calls benefit from value appreciation, paying a div will make value of call decline; by the same token, puts benefit from declining stock values, so puts will appreciate from dividends being paid.

does this help?