Replies to post #691988 on Mr Cooper Group Inc (COOP)

[lodas]

PickStocks.....that is always the case is to use cash you can afford to lose.... however, there is no such thing as "no pain" in investing, you have to take risks to make gains... that is a given... having said that, a 3 day incursion with cash or margin narrows the window for risk considerably...and not all cash is put at risk... now, the MJ stocks have already wrung out considerable excess in price with heavy short positions against them... so at the very least, the stocks will stagnate until something breaks with the laws in congress against them... to me, it is worth the risk and sell covered calls at the market price....remember, these low priced call options can be sold into perpetuity as long as the company is extant...Lodas