April 3rd 2006 - DOW
Dykstra picked the September 35 Call for DOW Dow Chemical Co.
Option price: $6.50
Stock price: $40.64
Approximate premium: .86-cents
The stock traded to a high of $43.10 on May 8th 2006, a gain of $2.46.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $2460
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