Writing DSX Jan 15 Puts
December 1st, 2009
STO DSX (Diana Shipping Inc.) Jan 15 puts. I mentioned a week or so ago that I would be ready to sell the January 15 puts on a pullback. I’m still short the December 12.50 puts and the December 17.50 calls. On continued strength I will probably close the December calls.
I was tempted to sell some DRYS puts as well but I need to see a little more follow through in the shippers before I make that commitment.
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