Mr Cooper Group Inc (COOP)

[ItsMyOption]

JHD, it is true nothing is without risk. I only open those positions with a STO PUT when pps is close or below support on bollinger ban. I also time the strike date 30-45 days out right before dividend record date so if assigned I collect dividend and can turn around with a STO covered Call but only close to resistance area for max value.

There is a lot of very high dividend plays on company's with strong financials such as OMF at $39.00 and pays $1.00 per quarter, I am also doing IEP which got killed the last month but pays $1.00 per quarter on $20 pps which = 20% dividend play and in turn around mode.

Just looking at COOP no dividend yet, but I can see one in future. We should get 3rd quarter earning around Oct. 26 and I expect them very good - the Consensus EPS Forecast $1.87 last years was .57 so IMO we will see a nice run up the week before earning $60 plus. I will have some covered call orders ready. We are close to exciting times so COOP could explode even more - I do believe we will see missive news before end of year that will not only start a flow of $$ us estate owners are hopeful for but we will see the true structure of COOP - XXXX and the true parent who could be JPMC - yes as AZ state there are 2 parents above COOP

10%plus dividends? Sounds great but I get concerned that some of those stocks may lose their share price if we are headed for darker days.

JHD