Thursday, May 16, 2013

Out of DRYS Dec 21 '13 $2 Calls @ $0.36 + Into DRYS Sep 21 '13 $2.50 Calls @ $0.16...


$0.08 gross gain per share, or +28.57% gross profit...

Got into an earlier expiry issue of DRYS calls at a slightly higher strike...

If this thing's got momentum, the risk:reward is pretty good here.

Unfortunately, pressed the wrong button somewhere in between and lost $0.03.  Yes, I still do it - pressing the wrong button - but less now and hopefully the final time I press the wrong button...



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