January 17th 2006 - DOW
Dykstra picked the June 35 Call for DOW Dow Chemical Co.
Option price: $8.70
Stock price: $43.05
Approximate premium: .65-cents
The stock traded to a high of $44.30 on February 17th 2006, a gain of $1.25.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $1250
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