Thursday, March 6, 2008

Intraday RIMM

Not sure why RIMM had the momentum it did, other than the surrounding macro-economic news, anyhow I saw a lot of momentum all of a sudden and jumped on and off the wagon very quickly (< 20 seconds).

Buy to Open: 50 puts of RIMM March 90 at $1.35
Sell to Close: 50 puts of RIMM March 90 at $1.45

Gain: $500

--Kevin

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