Don't Let Bulk Shippers Sink Your Portfolio... For Now [View article]
Now a serious post. I was pointing this out in the summer. If you want to buy and hold, pick the most stable shipper (like DSX) and sell covered calls. I think this whole group will be ho-hum for quite some time and the options premiums are overpriced, which is good if you are the seller. If they keep the Div, then that is just gravy. DSX Nov $15 is giving you almost 10%.
Good Time to Buy a 'Little' Shipping [View article]
Have you checked out Capital Link Shipping - the industry reports are showing some flattening. The BDI is completely overbought. I have June $40 puts on TBSI, seems more volatile than the rest and getting a nice payday today.
Don't Let Bulk Shippers Sink Your Portfolio... For Now [View article]
DSX Nov $15 is giving you almost 10%.
Don't Let Bulk Shippers Sink Your Portfolio... For Now [View article]
Good Time to Buy a 'Little' Shipping [View article]