February 27th 2006 - LLY
Dykstra picked the October 45 Call for LLY Eli Lilly & Co.
Option price: $11.50
Stock price: $56.02
Approximate premium: .48-cents
The stock traded to a high of $59.24 on March 24th 2006, a gain of $3.22.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $3220
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