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Re: buylow2 post# 15910

Wednesday, 11/30/2016 2:40:00 PM

Wednesday, November 30, 2016 2:40:00 PM

Post# of 58072
Can someone please explain to me how the DRYS call options work. On the dec 16th option chain it says the following:

Adjusted: 1 Drys, $2.64 cash, 100 multiplier

Not sure what that means. I went and bought 25 of the Dec 16, $5 strikes for 2 cents. Just playing a lottery ticket. But the stock has moved a $1 and the options have not moved.

Thanks in advance.
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