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DryShips, Inc. Message Board

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  • bstee bstee May 16, 2008 1:06 PM Flag

    Almost down to zero May 110 puts.

    Look at all that Call Interest down to the 85 range. I am not saying it would retrace that low, but there is big money on those written calls and very little protection on the puts. If I had to guess that this stock could get pushed at all to minimize the pain of those big money option writers I would look for a retrace of at least $5 before the end. Look it knocked out all the $110 put holders for nothing. Next thing that needs to happen is sudden $7 drop to knock out some shakey hands and sell of the $100 & $95 calls.

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