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Buying Swing: adding RIMM 65 PUTS at .44-.50 OVERSIZED and u

Posted: Mon Apr 26, 2010 3:50 pm
by MMASSASSIN
Buying Swing: adding RIMM 65 PUTS at .44-.50 OVERSIZED and unboxing the short on calls making the total position a 2X OVERSIZED position. today RIMM presented there new multi-tuch operating stem. There were no surprises but the stoke had a sharp bounce of the news. I se the bounce as a bearish opportunity trough puts where am unboxing the calls position plus adding to that position with an additional OVERSIZED puts stake.