Replies to post #1828 on BlackBerry Limited (BB)

[10nisman]

I have a little piece of paper with RIMM SEPT 50 CALL $0.30 written on it. Ughhhh, I knew those would been 1000%+. I need to start putting my money where my mouth is. F**K!

What are you talking about? RIMM Sept 50 calls are essentially worthless as RIMM won't see trade above $50 tomorrow.

10nis

[UNCLEJOHN]

It would have been a good move to buy sep 50 call at $0.30 and sell them at the end of the day around $0.75.

Prior to earnings options are overpriced with high implied volatility. Once earnings are out the options will lose their implied volatility, especially if it s expiration day.

If rimm opens below $50, the sep 50 calls will not be worth too much...

I got lucky and sold covered sep 50 calls at $0.72 which will be worthless if rimm closes below $50.

[The_Free_Nebula]

I had Oct 50 that I sold too early...

[doogdilinger]

Ya I gotta start playin' options here LS...could've made wayyyyyyyyyy more coin here over the past couple of years if I did glty

[peewee]

Out of the money calls most time suxxorz ! LOL
I switched buying in the money calls with a a month expiration or longer..