Research in Motion (RIMM) volatility elevated into larger than expected loss
Research in Motion (Nasdaq: RIMM) is recently up 49c to $14.22 after the company reported a $125M loss in Q4. Goldman Sachs say’s “New CEO plans to make bold changes, but will it be too late?” April call option implied volatility is at 82, May is at 69; compared to its 26-week average of 63 according to Track Data.
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