Mr Cooper Group Inc fka COOP

[lodas]

the option premium on the december 12.50 calls are starting to decay (decline), as there are about 4 days trading left before the option expires.....what does this mean?....there are currently 691 open positions left to expiration.. there were 761 open positions last fridays close... some some bought back the calls they sold...however the 691 open positions suggests that the writers of the call option intends to keep the price down near the 12.50 strike and suck out all the premium to the last penny, then buy back the option...why?...if the option writer was sure that there would be a rally going into the december possible closure of the bk, he would buy back his call option that he sold... since he is not doing this at the present moment, can only mean the court hearing will be a nothing burger as far as the price of coop is concerned.. it is a big deal for the end of the bk, but not a big deal as far as the MM are concerned... remember, that they are still about 6 million shares short, and do not intend to reward passive holders of coop stock with a reward, at their expense... so my take....? the price of coop will head lower into this weeks trading and close below 12.50 on friday....Lodas