DRYS 1.5 strike call

Discussion in 'Options' started by trader198, Aug 22, 2013.

  1. You stated that you bought the calls at a penny and they never traded there. The screen capture you present shows zero in your inventory and the change simply means it was trading at 0.02 yesterday.
     
    #11     Aug 23, 2013
  2. It does not matter. I bought itthurdays, sold it at0.6+, just too early. at closing, I bought this week's 40 call.

    FB is hot. but I know drys will fly in next couple months.it will be hot. will have great opportunities.

    my DRYS call was bought at 0.5+~0.65, now it is at 0.85+. just give DRYS a little bit time, patience, patience,

    2.5~2.8 is kind of for sure!


     
    #12     Aug 26, 2013
  3. I was referring to your earlier FB option thread in which you stated you bought at 0.01, but that never traded. So why would anyone believe you now?
     
    #13     Aug 26, 2013
  4. Drys is enjoying the temporary Aframax shortage in the North Sea and Baltic. It won't last. Take profits while you can as rates are up ~60% in roughly 10 days.

     
    #14     Aug 26, 2013
  5. that means DRYS will shoot higher. be patient.
    look, my call almost doubled. that is just the start of the trend!

    begineers often book profit just before things take off, afraid of drop. DRYS is undervalued. plus technically it is good buy.



    common sense often prevails.



     
    #15     Aug 26, 2013
  6. Based on what?
     
    #16     Aug 26, 2013
  7. Good call on the technical breakout. I still don't see a solid catalyst to sustain this, but give credit where it's due. Nice run so far.
     
    #17     Aug 26, 2013
  8. I added some in the morning dip (buy low in an up trend, common sense again)



     
    #18     Aug 27, 2013
  9. this baby rockes, next stage is $3.0 ~$5.0.

    long-term option is great.

    patience is the key toward success.

    put the end in your mind,covey's habit is great.

    I am still holding this baby!
     
    #19     Sep 5, 2013
  10. DRYS rocks just as I expected. next target is $3.8~$4.8. stillhold mycalls, all of them. even bought some $3 strike call in the opening.

    my calls almost tripled. I should trade OTM. $2 stike is almost 10 fold gain, a littler bit conservative with Roth IRA account!
     
    #20     Sep 9, 2013