Understanding the Recent Options Activity with Mr. Cooper Gr
Overview of Options Activity for Mr. Cooper Gr
Recently, there has been a notable rise in bullish activity on Mr. Cooper Gr. Analyzing the options trading history for Mr. Cooper Group Inc (NASDAQ: COOP) revealed 29 unusual trades that caught the attention of financial analysts and investors alike.
Trader Sentiments Unveiled
An in-depth look at the sentiment of traders shows that a significant majority, 79%, are optimistic about Mr. Cooper Gr's performance in the near future. Interestingly, only 13% showed bearish tendencies. Among the trades identified, a mere 4 were puts, valued at $171,231, while calls dominated the landscape with a total valuation of $12,611,752, indicating a broader expectation of upward momentum.
Projected Price Targets
Market analysts have identified a price band between $130.0 and $180.0, which major players are focusing on within the recent months. This projection reflects collective insights drawn from trading volumes and open interest, positioning Mr. Cooper Gr as a prominent player in the market. Investors monitoring the stock should pay close attention to these levels as they represent critical support and resistance zones.
Trends in Volume and Open Interest
In the current trading landscape, the average open interest for Mr. Cooper Gr options stands at 103.4, with an impressive total volume reaching 52,621.00. The dynamics of this activity are illustrated through the high-value trades found within the strike prices that span from $130.0 to $180.0. Over the past 30 days, the fluctuations in call and put option volumes have provided compelling insights into market sentiment and potential future movements.
Noteworthy Options Activity
Among the noteworthy calls traded recently are several significant sweeps:
- COOP CALL - SWEEP BEARISH expiring on 12/19/25 with an ask of $30.5 totaling $3.1M.
- COOP CALL - SWEEP BEARISH expiring on 12/19/25 valued at $30.0, accumulating $1.6M.
- COOP CALL - SWEEP BULLISH expiring on 12/19/25 with a price point of $30.0 yielding around $984.0K.
This activity reveals the complex interplay of trader strategies and the market perceptions surrounding Mr. Cooper Gr's future growth potential.
Company Overview: Mr. Cooper Gr
Mr. Cooper Group Inc operates primarily as a home loan servicer. The company has carved a niche in delivering diverse servicing and lending products, which include managing mortgage payments, investor reporting, and customer service through its servicing segment. Additionally, the Originations segment focuses on residential mortgage loans, highlighting its role in the refinancing sector.
Current Market Standing
As of the current trading data, Mr. Cooper Gr is witnessing impressive trading activity with a volume of 2,049,802 shares and a price increase of 0.84%, resulting in a current price of $170.53. Indicators, such as the RSI readings, suggest that the stock may potentially be approaching overbought territory.
Professional Analyst Ratings
Professional analysts provide a general consensus on the stock's evaluation, with an average price target set at $155.0. Various notable evaluations include:
- Jefferies maintains a Hold rating with a price target of $150.
- Barclaysan holds an Overweight rating at $156.
- UBS adjusted its rating to Neutral with a price target of $156.
- Piper Sandler retains a Neutral stance with a target price of $158.
While trading options may introduce more risks, skilled traders can optimize their strategies through continuous education, strategic adjustments, and active market engagement.
Frequently Asked Questions
What is the recent activity surrounding Mr. Cooper Gr?
The recent options trading activity has shown a significant bullish trend with a majority of traders indicating optimism about the stock.
What price levels are analysts focusing on?
Analysts have identified a price range between $130.0 and $180.0 as critical support and resistance levels for Mr. Cooper Gr.
How does Mr. Cooper Gr make its revenue?
Mr. Cooper Group generates revenue primarily through its servicing segment, which manages mortgage-related operations.
What is the current stock price and trading volume?
Currently, Mr. Cooper Gr's stock price stands at $170.53 with a trading volume of over 2 million shares.
What are the professional ratings for Mr. Cooper Gr?
The stock holds an average price target of $155.0 from various analysts, with ratings ranging from Hold to Overweight.
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