Mr Cooper Group Inc (COOP)

[lodas]

I just sold a july 40 put and got 11.46 dollars to take the risk down to 28.54....the price of the stock now is about 29.79, so that equals about 1.25 dollars in premium.... so, what is the market saying? looks like coop is going to be in the 30 dollar range for some time during 2021...I put the 1146 dollars in my account...I don't mind taking coop at 28.54 in july.. by that time, maybe the process of the chapter11 will come to resolution...after all, KKR and Blackrock have a sizable position in coop, as well as cooperman...no pain, no gain, as they say...Lodas