RIMM last 3-4 months chart

    RIMM

    Posted by miller on 24th of Mar 2011 at 04:17 pm

    RIMM last 3-4 months chart has Head and Shoulder pattern. Head at 70. LS at 66 and RS at 64 near today close

    RIMM PUTS

    Posted by zach06 on 24th of Mar 2011 at 04:20 pm

    I bought some lotto ticket   55.00 puts for .10 cents  at close....     you never know.

    i got 10 puts at

    Posted by miller on 24th of Mar 2011 at 04:23 pm

    i got 10 puts at .59  looks like the Head Shoulder pattern might play out with target to 50.  my 55 Puts now look Yummy

    what strike?

    Posted by zach06 on 24th of Mar 2011 at 04:29 pm

    what strike price...    rimm is now at   58.85    the volitility is going to dry up in the morn

    I got the same ones

    Posted by miller on 24th of Mar 2011 at 04:31 pm

    I got the same ones as yours. 10 contracts for April 55 Puts.

    weeklys

    Posted by zach06 on 24th of Mar 2011 at 04:36 pm

    I bought the weeklys.. for a lotto ticket play.     You might get a huge kitchen sink  capitulation  turnover on RIMM for a long.     See what you can get out of those options or maybe sell some 52.50 or 50.00 against them to cash flow??

    NFLX is down too, 10

    Posted by miller on 24th of Mar 2011 at 04:45 pm

    NFLX is down too, 10 contracts for 220 April Puts also looks Yummy

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