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[dalcindo]

Did order too after-hours.



I think that time will most likely provide the window for this volatile ETF to reach that strike.

My prior TA comment on this:

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Posted by: dalcindo Date: Friday, May 15, 2009 4:29:59 PM
In reply to: 3xBuBa who wrote msg# 45834 Post # of 45920 [Send a link via email]
Re: RFYRM

Nice - Here: RIMM Jun 2009 65.0000 put (RFYRM) @2.65

Probability for greater downside towards the mid-$60'$.

I noticed that in your RIMM 14-ATR chart, price has consistently traveled from on BB extreme to its midline.

So, at current 77.55 position and midline: 55.27, I estimated that even IF price moved only half that expected BB extreme-to-BB midline, it would approach a value = 66.41, placing RFYRM (JUN 65 put) at a near-ATM.

If it completes the entire BB-to-midline, it would fall well within the ITM range.

These calculations are not that completely true, since they do not take into consideration the BB band price changes as we move forward. Yet, it's pretty close.

Yummy.

D.

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Source: http://investorshub.advfn.com/boards/read_msg.aspx?message_id=37867479

D.