Sold to Open DSX Oct 15 Calls
September 16th, 2009
I sold some October 15 strike calls on my DSX position. There is a lot of resistance around $15 and I want to grab some premium while I can. I have a tendency of missing out on opportunities to sell calls so I got a little more aggressive on this one. Either way I will get the premium and I don’t mind if this is called away at $15. I’m still long DRYS and TBSI so I have plenty of exposure to shippers.
If DSX pulls back to the 50 day SMA I would consider selling more puts.
DSX Hourly