Diana Shipping (P/C Chart, news, volatility) options volume is running at 3 times the average daily levels. DSX is up $1.70 to $15.19 on a good day for dry bulk shippers (PRGN, DRYS, EXM, and GNK also seeing relative strength). In the options market, 7,400 DSX calls and 2,350 puts traded. The action includes a buy-write of 1000 Feb 15 calls for $1.15 against 100,000 shares at $15.15.

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