Any way to play the Baltic Dry Index long term?

Discussion in 'Trading' started by nravo, Feb 4, 2009.

  1. nravo

    nravo

    ETFs? Anything with a high correlation?
     
  2. mokwit

    mokwit

    shipping companies?
     
  3. Redneck

    Redneck

    IMHO Sir

    DRYS is a fun one to trade (that is until recently) it's been getting killed

    Did Gap up today, but not much after that

    Take Care
     
  4. Build youlself an ETF;

    List of U.S. Listed Dry Bulk Shippers
    Market Cap in $Millions (6/17/08)
    DryShips (DRYS) 3,430
    Diana Shipping (DSX) 2,410
    Genco Shipping (GNK) 1,800
    Excel Maritime Carriers (EXM) 1,690
    Eagle Bulk Shipping (EGLE) 1,360
    TBS International (TBSI) 1,120
    Navios Maritime Holdings (NM) 1,030
    Safe Bulkers (SB) 996
    Star Bulk Carriers Corp. (SBLK) 598
    Paragon Shipping (PRGN) 490
    Euroseas (ESEA) 417
    OceanFreight (OCNF) 362
    Navios Maritime Partners (NMM) 151
    FreeSeas (FREE) 134
     
  5. Div_Arb

    Div_Arb

    Buy an ocean liner and do your own shipping. That should have a high correlation.
     
  6. You forgot Frontline...FRO
     
  7. Claymore/Delta Global Shipping ETF: Ticker "SEA"
     
  8. Crude oil futures. :cool:
     

  9. Except FRO is not a dry shipper.