Dryships (DRYS) is up 65 cents to $7.95 and calls are seeing increasing volume Friday. No news on the stock today. The company announced that it reached an agreement with Deutsche Bank as a lender yesterday. For whatever reason, shares are up and 57K calls traded, compared to 9,700 puts. June 7.5, June 9, July 8 and July 9 calls are seeing the bulk of the volume. Implied volatility moving to 108, from about 106 the day before.
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Dryships Inc (DRYS) $7.99 +9.45%
Posted on May 29th, 2009 1:03 pm
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1 user commented on " Dryships Inc (DRYS) $7.99 +9.45% "
Follow-up comment rss or Leave a TrackbackTheres a share holders confrence call on monday at 8am edt. Could that be the reason?