January 23rd 2006 - GE
Dykstra picked the June 30 Call for GE General Electric Co.
Option price: $4.00
Stock price: $33.67
Approximate premium: .33-cents
The stock traded to a high of $35.24 on May 8th 2006, a gain of $1.57.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $1570
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