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Cstern71

11/12/12 12:11 PM

#140614 RE: Lucky_Charm$ #140609

You could buy 31.50 calls at 1.62 and sell 32.50 calls at 1.14 for a debit of .48. You would get max gain above 32.50 of 1.00 so .52 profit. Most of the $1.00 stock price spreads have a double available at max gain.