RiskReversal readers and viewers of Options Action know that I am not a fan of RIMM‘s products, strategy or their management. There is not much to add at this point about the magnitude and the breadth …
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Update Sept 16th, 2011 at 9;45am: With the stock at $23.12 I am goign to take my money and run and sell the Sept 27.50/25 put spread that I paid .60 for at 2.45, have …
Continue readingUpdate Sept 15th, 2011: Since putting this trade on last week the stock has essentially gone sideways (down 2.5%)…..there is a good bit of skepticism as you would expect heading into the quarter and I wonder at …
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Next Thurs, Sept 15th after the close, RIMM will report their Fiscal Q2. The options market is implying about a 10.5% move vs the 4 qtr average move of about 10%…. I want to make …
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RIMM is up almost 5% this morning on continued take-over speculation in the financial press and the blogosphere. By almost all accounts and metrics, GOOG‘s $12.5 billion all cash take-over offer for Motorola Mobility was …
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Market did the unthinkable yesterday, it rallied without AAPL and generally did it with a level of confidence, after a shaky start, on the usual concerns about a Greek bailout…..
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Yesterday had a little something for everyone, I laughed, I cried, well mostly cried……even-though we spent most of the day in the green the equity markets had a sort of heavy feel to them. Chart …
Continue readingI am gonna tell it to you straight here people, this one feels like a full-on disaster in the making, the stock has barely had an uptick since I wrote the original post (below) on …
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Well, some things are predictable. Death, taxes and snap-back rallies from an oversold condition……and that’s exactly what we got yesterday. I have been trimming shorts in anticipation of this with the notion to put them …
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RIMM ($37.50) reports earnings June 16th after the close, the implied move in the options market is about 10%, vs the avg 8 qtr move of about 8% (not including the April gap lower of …
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