Research in Motion (RIMM) volatility elevated as shares rally 8% in pre-open

Research in Motion (Nasdaq: RIMM) is recently up $1.04 to $13.57 in pre-open trading shares following the company rebuffing takeover talks in the past, Reuters reports. ThinkEquity say's "Upgrade to Buy; Believe valuation attractive here." Overall option implied volatility of 66 is above its 26-week average of 61 according to Track Data.

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