Sell to Open DSX December 12.50 Puts
October 29th, 2009
I sold some Diana Shipping Inc. (DSX) December 12.50 puts earlier today. I’m still short the November covered calls I put on back on the 20th and I don’t intend on closing those out just yet. I don’t mind picking up some more DSX at $12.50.
DSX is right at the 50-day SMA which has flattened out. DSX might be making a higher-low on the hourly chart and the $12.50-$13 area has multiple areas of support.
DSX Hourly