Home > Trades > Sell to Open DRYS November 6.00 Puts

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.

DRYS Hourly

DRYS Hourly

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