Replies to post #599937 on Mr Cooper Group Inc fka COOP

[lodas]

AZ Cowboy...I am seeing the same thing about escrow options in my 939ESC968 markers....seems like the CBOE is ready to make prices for these options soon....one thing to note, however..DO NOT SELL CALL OPTIONS ON THESE ESCROWS UNTIL THEY ARE FULLY PRICED BY THE CBOE...I believe they use the Black-Scholes formula to price these options....and not quite ready to post quotes on premiums, simply because they don't know the intrinsic values for them... there is just no precedent for pricing of these markers until bk closes.....they are, however valuable, as noted by the fact that they are deemed tradeable...maybe, the hedges want to steal them cheap from holders before the returns come in after bk.... by the way, thanks for the response to my post about my escrow being worth anything...seems you are right, as the appearance of options trading validates that... good luck soldier.. Lodas

[Large Green]

AZC, I have Fidelity as my broker and I also have five flavors of the Subordinated Debt (SD) or bonds. Are you seeing any changes in your SD and if so which broker are you with?

For the first time, regarding the five flavors of SD that I hold, I now have an active buy/sell button that populates when I click on the button.

I have not noticed this before and it appears the bonds are getting ready to go live at some point soon. My guess is when the Judge officially closes the BK case.

For the record, I see no changes on my preferred or common holdings at this time.