DRYS Contingent Order Idea

When it's on a run, buy DRYS common plus a flock of calls. Stock: opened 7.10, down to 6.78, then up steadily past 7.36. OOC FU 7.50 June call: opened at 0.6, down to 0.4, climbed to 0.7. Buying at 0.4, profit on $10,000 would be $5000.

Set stop on the common at about 2%, contingent order to get out of the options if the stock sells. Options were more volatile but continued up; will track closer to stock as we near expiration.

And, WATCH FOR CORRECTIONS in DRYS! The May 28 chart shows what it's capable of doing. It finished at 7.30, with the OOC FU call at 0.60.