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Dykstra's Deep-in-the-Money Call: Sysco

05/08/08 - 08:23 AM EDT

Lenny Dykstra

The stock is trading midway between its highest and lowest point in the last year. Yesterday it shed 44 cents, or 1.41% to close at $30.81. Its 52-week high is $35.90 and the low is $26.45

This is a solid pick that we can feel comfortable with. For that reason, I am placing a limit order to buy 10 January $25 calls (ZHKAE), paying $6.50 or better. Don't forget to place your GTC sell order $1.00 higher than the fill price so you can cash in on your $1,000 victory. In other words, if your order is filled at $6.50, you should immediately place a good-till-cancel (GTC) order to sell at $7.50. Cha-Ching!

Always remember: Life is a journey, enjoy the ride!

Know What You Own: CAL operates in the wholesale food industry, and some of the other stocks in its field include Performance Food Group(PFGC - Cramer's Take - Stockpickr), Kraft Foods(KFT - Cramer's Take - Stockpickr), ConAgra Foods(CAG - Cramer's Take - Stockpickr) and Sara Lee(SLE - Cramer's Take - Stockpickr). These stocks closed at $34.03, $31.53, $23.00 and $13.76 respectively. For more on the value of knowing what you own, visit TheStreet.com's Investing A-to-Z section.

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At the time of publication, Dykstra had no positions in stocks mentioned.

Nicknamed 'Nails' for his tough style of play, Lenny is a former Major League Baseball player for the 1986 World Champions, New York Mets and the 1993 National League Champions, Philadelphia Phillies. A three time All-Star as a ballplayer, Lenny now serves as president for several privately held businesses in Southern California. He is the founder of The Players Club; it has been his desire to give back to the sport that gave him early successes in life by teaching athletes how to invest and protect their incomes. He currently manages his own portfolio and writes an investment strategy column for TheStreet.com, and is featured regularly on CNBC and other cable news shows. Lenny was selected as OverTime Magazine's 2006-2007 "Entrepreneur of the Year."


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