MorningWord 12/20/12: The 3 month chart below of AAPL and RIMM’s price performance shows the stark difference in investor sentiment for the 2 smartphone makers of late. AAPL has re-traced more than half of its …
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Event: RIMM reports fiscal Q3 earnings on Dec 20th after the close. The options market is implying about a 10% move which is basically inline with the 4 qtr avg move of about 10.5%.
Continue readingTrade Update June 29th, 2012 at 10:33am: Ok well there you have it, just like playing the lottery, the likelihood of winning on “tiny” calls in a name like RIMM, just ain’t great. I am updating the …
Continue readingRIMM is down about 7.5% since yesterday’s downgrade of the stock to an underweight rating on what the analysts cites as “rapidly deteriorating fundamentals”………NEWS FLASH: TITANIC HITS ICEBERG. There is no real fundamental reason to …
Continue readingTrade Update April 9th, 2012: Since putting on the Jan13 “take-out” trade (below) following RIMM‘s disappointing Q4 earnings last month, the stock is down about 8.5% on the rumor-mill suggesting that potential suitors are generally …
Continue readingHere is a preview of what I will be discussing tonight on Options Action on CNBC at 5pm est: RIMM reported a much anticipated fiscal Q4 last night that missed fairly dour expectations and stated that they …
Continue readingTrade Update March 30th, 2012: With RIMM up 3% following a generally uninspiring qtr I am going to take the small gain in the March30th/May 13 Put Spread and move on. Obviously a lot of bad news is …
Continue readingRIMM reports it’s fiscal Q4 Thursday March 29th after the close. The options market is implying about a 12% move on earnings which is cheap to it’s 4 qtr avg move of about 15% and basically …
Continue readingThis is a continuing series on options trading terms and techniques. Part I and II are here. We’ll be following up with Parts VI and V shortly. Part III Volatility The two types of …
Continue readingNew Thoughts: RIMM has gotten a lot of press of late as it is trading at 5 year lows and below its book value. The company has failed to win over consumers with its new …
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