Mr Cooper Group Inc fka COOP

[inportlandd]

AZ is exactly right--The embedded derivative is at this point completely controlling WMIH trading and price---You need to know what you own and What you Don't own--you don't own any real control over the pricing of WMIH--The control is based on the Embedded Option--many big money funds trade a stock up or down relative to the value based on options exposure-Over the years I have invested in such stocks and it can be frustrating because of this underlying formula of control-Here's a definition of an Embedded Option


Embedded Option

What is an 'Embedded Option'

An embedded option is a special condition attached to a security and, in particular, a bond, that gives the holder or the issuer the right to perform a specified action at some point in the future. An embedded option is an inseparable part of another security, and as such does not trade by itself. Nevertheless, it can affect the value of the security of which it is a component.


Read more: Embedded Option https://www.investopedia.com/

The embedded option definitely sets triggers for price movement up or down..

Then when it is tied to a contract such as Restricted Cash That contract becomes an Embedded Derivative-with similar trigger points over the stock price--When the contract is released by some action--the control disappears

Know what you DON'T OWN..Relative to this instrument
AZ is correct