Mr Cooper Group Inc (COOP)

[lodas]

there are 2049 open positions on the march 45 strike call option, and 1522 open positions on the put option, making the ratio of puts to calls equal to 0.74....this signifies that more people bought calls than puts, which is a bullish indicator, and the premium expand for the sell er of the calls.... since those calls were sold in feburary, the price of the premiums collapsed over .70 cents, and today shows an open volume of 16 contracts, which indicates 1600 hundred shares were closed out...the 45 call strike still shows a premium of about 2.20, which means that if you were a buyer of that contract, your open will expire worthless today, and you will lose your investment by buying that 45 dollar call option.... what does it mean for the seller of the option?... he will keep the full value of the premium which you paid for the option.... bottom line :... he wins as the seller of the option, and you lose as the buyer of the option............any questions.... please respond....... Lodas