Selling Swing: sold all RIMM Aug 52.50 puts at 3.14-.01 at u
Posted: Tue Aug 17, 2010 10:17 am
Selling Swing: sold all RIMM Aug 52.50 puts at 3.14-.01 at up to 528% PURE PROFIT, this palay could not of gone better but despite the RIMM downgrades its time to lock this in. If the market was weaker the profits would of surpassed even this but with a market building as it is am now refocusing on some bullish positions, watching the AAPL 250 puts Aug to short them and watching FAS. believe it or not according to my formulas there is no positive of significance on RIMM and multiday direction remains negative am just choosing to step off here when profits have reached such levels.