Quote from drownpruf:
You stated that you bought the calls at a penny and they never traded there. The screen capture you present shows zero in your inventory and the change simply means it was trading at 0.02 yesterday.
Quote from trader198:
It does not matter. I bought itthurdays, sold it at0.6+, just too early. at closing, I bought this week's 40 call.
FB is hot. but I know drys will fly in next couple months.it will be hot. will have great opportunities.
my DRYS call was bought at 0.5+~0.65, now it is at 0.85+. just give DRYS a little bit time, patience, patience,
2.5~2.8 is kind of for sure!
Quote from Gibson:
[T]his cannot last. The dynamics that pushes rates higher will not be sustained; there is an overall surplus of Aframax tonnage and vessels elsewhere will be tempted to ballast in to NW Europe; and once that more prompt cargoes are covered, charterers are likely to hold-off entering the market, so creating a vacuum where rates will fall.
Quote from ogarbitrage:
Drys is enjoying the temporary Aframax shortage in the North Sea and Baltic. It won't last. Take profits while you can as rates are up ~60% in roughly 10 days.