Mr Cooper Group Inc (COOP)

[lodas]

ItsMyOption.....something big, or strange going on with coop in june........ I just STO the june 40Put, and got 7.40 in premium.... if exercised, the price would be 40-7.40= 32.60 dollars per share... that is a huge discount from todays closing price of about 38 dollars plus....Wowza...someone is nervous in june timeframe... I read that possibly the market capitulation will occur sometime in the april, or june timeframe, or maybe there is something systemically wrong with the world banking systems... who knows?...however, when the market offers this amount of money to take risk, it is indeed compelling, and I took it, put the premium in my pocket and went whistling out the door... Lodas