Take RIMM Profits

Lock in 15% Gainer

By Bryan Bottarelli
Tuesday, February 09, 2010 11:36 AM EST
Tue, 9 Feb 2010 16:36:00 GMT

PLAY: Sell your RIMM March 65 Puts (O:RIMM 10O65.00) at market, good for the day.

Dear Bottarelli Research Member,

I’ve been watching shares of Research in Motion (RIMM – NASDAQ) all day. While I like the fact that the stock is trading in the red on a strong market up-day, we also face the threat of the shares bouncing off a support level just above $65.00. With profits in hand, I don’t want to let our great entry price go to waste. Therefore, let’s go ahead and lock in our profits now!

RIMM

PLAY: Sell your RIMM March 65 Puts (O:RIMM 10O65.00) at market, good for the day.

And as always…

Lock and load!

Sincerely,

Bryan Bottarelli
Editor, Bottarelli Research

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