January 30th 2006 - DELL
Dykstra picked the May 22.50 Call for DELL Dell Inc.
Option price: $7.20
Stock price: $29.30
Approximate premium: .40-cents
The stock traded to a high of $32.24 on February 15th 2006, a gain of $2.94.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $2940
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