RIMM is a very suitable stock for playing options, especially for those who wish to day-trade. It is due to small bid/ask spread, (0.01) for option below 3. And the slippage is small due to high volumn. Day trading is encouraged on this strategy, to avoid decay, and reduce uncertainty about over-night market.
Here is a post for 2009/05/29, a failed setup, and should cut lost immediately.
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