November 21st 2005 - FTO
Dykstra picked the April 22.50 Call for FTO Frontier Oil Corp.
Option price: $12.70
Stock price: $34.28
Approximate premium: .92-cents
The stock traded to a high of $63.72 on April 5th 2006, a gain of $29.44.
If 10 contracts were purchased:
Would the minimum of $1000 been made: yes
Maximum gain potential: $29,440
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