Monday, November 3, 2008

RIMM: Buy, Sell

At one point in the morning RIMM was up over 5% and I felt that this was unwarranted and was just carry over from last week's momentum. I did this even contra to the VIX ... oh well back to square one and exactly at zero profit on the profit tracker.

Buy to Open: 10 puts Nov RIMM 50 at 2.89
Stop Loss: 10 puts Nov RIMM 50 at 2.68 (executed)

Gain: -$210

--Kevin

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