DRYS - Open Position


Written on January 29, 2009 – 12:57 pm | by admin

Yesterday I initiated a position in DRYS.  Today I am terrified that I own it.  Stupid.  I’m looking for ideas on this one.

Buy: 300 @ $11.95 ($7 commission)
Initial Investment: $3592.00
Sold: $10 strike @ $2.60 ( $10.75 commission)
Net Investment: $2822.75
Expected Return: 5.42% (not anymore)

Anyone got advice on what to do?

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