ge's nightmare has turned into a dream for investors.dan cashed in on the move >> on "options action," it's how we electrify profits, risk less so we can make more, and that's exactly what dan did with his bullish bet on ge. dan thought the ge nightmare could be coming to an end. >> the last time this stock was a hat size, it did capitulate down near that $6 level. it came back really quickly. >> but buying the stock after that could be risky. so to play for a bounce, dan bought the march 10 strike call for 50 cents now to make money, dan just needs general electric shares to rise above $10 by more than the cost of the trade. or above $10.50/50 mar-- but spending 50 cents to bet on ge chill out, lady. so to cut costs dan then sold the march 13 call for 10 cents and created his call spread. here's how it works. between the 50 cents he spent on buying the lower strike call and the 10 cents he collected by selling the higher strike call, he reduced the total cost of his trade down to just 40 cents. and now to make money, dan just needs ge s

dan thought that ge nightmare could be coming to an end. >> the last time this stock was a hat size,d capitulate down near that $6 level and came back really quickly. >> but buying the stock could be risky. so to play for a bounce, dan bought the march 10 strike call for 50 cents now to make money, dan just needs general electric shares to rise above $10 by more than the cost of the trade. or above $10.50 by march expiration but spending 50 cents just to bet on ge? chill out, lady. so to cut costs, dan then sold the march 13 call for 10 cents and created his call spread. here's how it works. between the 50 cents he spent on buying the lower strike call and the 10 cents he collected by selling the higher strike call, he reduced the total cost of his trade down to just 40 cents. and now to make money, dan just needs ge shares to rise above the strike of the call that he bought by more than the reduced cost of the trade. or in this case, $10.40 by march expiration >> it's alive, it's alive, it's alive! >> maybe so, doctor. but remember, there is a trade-up and since dan sold that higher