Sell to Open DRYS November 6.00 Puts
September 29th, 2009
I sold to open some DryShips (DRYS) Nov 6 puts this morning. DRYS has support at a rising 50 day SMA and 61.8% retracement as well as ascending trendline. DRYS is up sharply this morning on average volume with reports of a Baltic Dry rally.
