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Research in Motion (RIMM) volatility elevated; shares trend lower into Q1 results

June 9, 2011 8:34 AM EDT
Research in Motion (Nasdaq: RIMM) was downgraded to Hold from Buy at Citigroup. RIMM is expected to release Q1 results on June 16. June call option implied volatility is at 84, July is at 57, August is at 49; compared to its six-month average of 42.


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