Dryships (DRYS) is up 53 cents to $7.30 and DRYS calls are seeing interest after Lazard Capital upgraded the stock to Buy. Oct 7s leading the flow, with 4,824 traded and 59 percent trading ask-side. Looks like buyers driving trading in Oct 8 and Nov 7 calls as well.
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.