Dryships will report Wednesday. Already up 100% off it's lows this year, it is still about 2 bucks below its high. Dry bulk shipping should be the first to rebound over time followed by petroleum shippers. DRYS does both.
Call activity is high across the front months and in and out-of-the money.
Will be watching the earnings report and looking to buy at-the-money calls on good news and forecast.
Also, check out Yahoo's Message board: http://messages.finance.yahoo.com/mb/drys
Happy Trading...
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