Thursday, June 11, 2009

2009/06/10 RIMM

Failed set up.
83.20,82.90,82.60,82.30,82.00
Risk = 0.30
Short 82.90. It drop to lowest 82.17, then rebound. Buy back on 82.60.

If turn to options.
Short RIMM 82.90, 75p = 1.90
Buy RIMM 82.60, 75p = 1.79.

The serious of decay on options. 75p highest to 2.00, when RIMM 81.17. But all the time it trade below 1.90, even when the price is 30 sens below 82.90. So I bought the 75p at an expensive price.

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