Plays for Tuesday (10/21)

Posted by TheNightTrader on Monday, October 20, 2008 at 10:47 PM

RIMM Jan 46.625P/60C - RIMM has been trading laterally for a couple of weeks now. Looking at the chart that seems to happen occasionally, but is usually followed by a large steady move. Opening the trade by picking up the options +/- $0.50 on the stock.

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