Mr Cooper Group Inc (COOP)

[lodas]

it appears the Federal Reserve is set to announce a 0.5% rate increase after wednesday's meeting.....they are also expected to announce a similar 0.5% rate increase for june and july meeting, in an effort to combat inflationary pressures in the economy....what will this do to the stock market?...my sense is that it will sell off, and then recover somewhat in the ensuing days... why? the market already has suffered a significant decline already, and there are legions of meme traders itching to buy the dip, as Wall Street has now become a casino mentality with commission free trading... options premiums will skyrocket as the market heads downward so there will be compelling opportunities to SELL PUTS SUBSTANTIALLY BELOW MARKET PRICES and still bring in good premiums...do this only with good stocks with good balance sheets and dependable product lines...and coop stock price?...probably will suffer somewhat, but with a low float, and O/S share structure, any downturn will be balanced by quick buying... so, one can sell puts well below the stock price and make good premiums...its coming, so be prepared... Lodas