Mr Cooper Group Inc (COOP)

[lodas]

silly.....as they say "buy low,......sell higher.....every time I bought the dips, I was rewarded with more shares to sell covered calls on.........heres is a tip for all you who sell covered calls....look at the "open position" when selling your call.. if there is a lot of open positions at the strike price that you want to sell the option, that is probably where you want to sell it... why?... because the MM who sold those calls have no intention to take it above that strike price, so they would have to pay, or deliver the stock... so, what do the MM do?... they game the stock price down to maximum pain, below the strike price so they do not have to pay on the option...example: say there is a huge open interest on XZY stock at the 12 dollar level... you can be sure the MM will game the price below 12 dollars on option expiration date so that they will not have to deliver the stock on a call at 12 dollars....Lodas (fortune favors the bold)