Replies to post #711867 on Mr Cooper Group Inc (COOP)

[lodas]

ItsMyOption.... thanks, all is good,,,,,, I sold some Coop long shares at 53 dollars, then STO Jan 25, 70 Put, and got 17.40 per share.... that puts me back in at 53 if exercised...yea, I think the MM are running up the price in advance of the earnings report and decided to take some money off the table... I remember last time it hit 52 dollars a few years ago, they ran it down to the low 30's, and i lost a pot of hard earned money and had to wait some years to get it back... they could do it again as the whole market is top heavy with the FAANGS and a few others with A.I..... if the Fed raises interest rates again, the market will flop, and bring COOP down with it... better to be safe and keep both feet out of the water..Lodas