Mr Cooper Group Inc (COOP)

[ptolomeo]

Wrong... actually we are 90M $ (I think) out of the money, where WE = TPS + Preferreds (P $ K)

If JPM settles with TPS it will mean we are still 90M $ out of the money, where WE = Only Preferreds (P $ K)

BUT, if more money is to come to Equity, we would get MORE (don't have to share with TPS) and Commons would see the money sooner too.