December 5th 2005 - CE
Dykstra picked the March 15 Call for CE Celanese Corp.
Option price: $2.40
Stock price: $17.20
Approximate premium: .20-cents
The stock traded to a high of $22.00 on February 16 2006, a gain of $4.80.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $4800
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