Diana Shipping (DSX) is up 45 cents to $15.14 as the dry bulk shippers show relative strength after a rough week. DSX is up today, but down 3.5 percent since Friday. GNK, EGLE, DRYS have seen similar action this week (Link to story). In the options market, DSX calls are active, with 6300 contracts traded, or almost 6X the expected midday. June 15 and May 12.5 calls are the most actives and it appears that premium sellers are dominating the action, perhaps on view today’s move is a counter-rally in a bear trend. DSX is down 18.5 percent since May 6.