Replies to post #694268 on Mr Cooper Group Inc (COOP)

[PickStocks]

The best thing is buy low and sell high….even playing weekly options is an option here..

[BigAW]

The movement of COOP is definitely frustrating. I just held all my shares for years but finally started flipping some to make money while the price seems stuck.

Thanks to lodas, I looked into options and have been selling covered calls and if my shares gets called away, I just start selling puts to get my shares back cheaper when they push the price down. If they don't push the price low enough to get my shares back, I still keep the premium on the puts and I'll sell more puts the next week. At least I'm making a little money while waiting for the longer term investment.

[rickstereo3333]

Exactly!

It all comes crashing down when the chinese mega bubble finally pops.

All the while the loyal coop fan club keeps screaming about the coming $100 pps.