Mr Cooper Group Inc (COOP)

[lodas]

think about options writing in this way...........suppose you are in Las Vegas sitting at roulette table, and sitting all around you are heavy hitters with stacks of money placed on various numbers on the table.....whats the wheel spinner gonna do?... he has to figure out which number the ball must land on which results in the least payout for all bets on the table, else, the house gets wiped out...he dutifully figures the number (max. Pain), spins the wheel, and voila, the ball lands in the same slot he has programmed it for...he then collects all the bets off the table, and pays the winner the least amount, and the house pockets the rest... today, the CBOE market makers made tons of money selling the call option fro 47.50, down to 40 dollars....Lodas