I think rimm at 30$ a share is extremely cheap and makes them a prime target for a buy out. (I'm thinking microsoft might take over rimm)
got some june 35 puts, going to sell at market open feel like it will rally into the closing bell.
more $$ for me :P
Made some quick option flips today 8)
Currently playing these stocks with july puts that have been doing great so far, but I believe the best is yet to come. I believe tomorrow's CPI...
If I'm able to choose a stock for the competition can you put me Short Rimm @ mondays closing price of 36.20$?
Rimm is coming out with earnings on Thursday June 16th and I believe with the growing competition from apple, google and other smart phone...
Made money. :)
Buy early morning.
in @ 1.55
sold @ 3.20
Did not close my position the option priced closed @ 2.35 just to make that clearer.
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