<< Read Full Article

Dykstra: Money Player

Stock quotes in this article: DOW , AMD , DELL  

It was not an appearance destined to earn an Academy Award, as Cuba Gooding Jr. won for his supporting role in Jerry Maguire. But last Tuesday, Jan. 24, CNBC was kind enough to allow me to "show you the money!"

Being recognized by CNBC, the most prominent financial news television network, for my business and financial acumen was incredibly gratifying. But most importantly, my time on camera provided a great example of just how powerful my low-risk, high-reward deep-in-the-money calls strategy can be.

Indeed, on CNBC last Tuesday I recommended buying 10 of the June $35 Dow Chemical deep-in-the-money calls. Anyone who followed my advice was then in control of 1,000 shares of Dow Chemical until the third Friday in June for only $7,400 vs. buying the common stock outright, where you would have had to shell out approximately $42,540. ...

<< Read Full Article

Recent Comments

Loading .....




Dow Jones S&P 500 NASDAQ 10-Year Note
10,501.05 1,114.11 2,212.10 35.46
Oil *
71.84
UP
29.55
UP
7.70
UP
21.79
UP
0.06
10 Yr
3.55%
SPDR Gold
110.24
+0.28%
+0.70%
+0.99%
+0.17%
Data delayed 20 minutes

Brokerage Partners

TheStreet Premium Services

All Services