Options Think Tank

[helmsman]

These type of option levered risk reward plays are worth looking for.

Here's an example for $DRYS...

DRYS $3 Oct Calls at .04
100 Calls @ .04 = $ 400
100 Calls @ .84 = $8400 (21x)

DRYS $3 Sept Calls at .02
100 Calls @ .02 = $ 200
100 Calls @ .50 = $5000 (25x)



DRYS 65% ownership of $ORIG has now gone up to $1.53B in value thanks to ORIG's share price appreciation.

DRYS market cap... drumroll please... 1.05B

The shipping business valued almost minus 500M !!

If the Baltic Dry Index could ever catch a bid, the reaction would be explosive. We just have to keep buying more time until it happens. Out of the money calls will expire worthless, until they don't!