Replies to post #85305 on Savvy Trades and Investments

[researcher59]

NMM +.31 to 20.75, has been a nice winner for me too, now a 5% position. The pending merger with NMCI adds diversification with container shipping complimenting their dry bulk fleet. Shipping rates for both types of ships remain very strong .... I'm continuing to hold all my shares, albeit some are hedged with covered calls at $17.5 and $20, and will likely be assigned at expiration.

Shipping rates -

https://www.hellenicshippingnews.com/higher-capesize-supramax-rates-lift-baltic-index-to-over-5-month-peak/

https://fbx.freightos.com/