NDT, what I learned had to do with Put and Straddle Options. There was a large cash outlay for put Options at the $35.00 level with expiration on June 20, 2023, and it appeared these investor (s) were in the know to bet around a million dollars basically saying the price of COOP would decline from the $43.00 level to lower than $45.00 to be in the money before expiration.
It would seem these investor (s) would have some sort of inside information to bet this kind of money for such a short timeframe.
A short time before the aforementioned Options expired, it appeared to be the same investor (s) made another short-term bet with a Straddle Option (win bet on both ends) at a $50.00 price with expiration on 7/21/2023, so the price of COOP would have had to be above or below the $50.00 price substantially to win this bet and it appeared they narrowly won this bet if in fact the same investors but probably did not win enough to offset the previous Put Option losses, again if same investors.
Again, it would have seemed these people would have been armed with some sort of inside information to bet this kind of money for such a short time frame.
At this point, we move on but sure looks like something is definitely going on with COOP by allowing the price to move as much as it has in such a short time frame.
Now we may have to wait until the powers-that-be sign releases and officially and formally release the Receivership and/or accounts as one of our very astute posters, CBA09 told us back in mid-year 2017 before he mysteriously disappeared.
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