RIMM seems not to be going up at all. Seems 2 bearish engulf. I guess it may retrace to 100. If pass 120, then it will go higher. So its 100-120 its in now. If break 108 tonite, then get a put. If go above 111, then get a call.
Below 108 -> Put --> Target = 100. Cut loss at 111. Risk:Reward = 3:7
Above 111 -> Call --> Target = 120. Cut loss at 108. Risk:Reward = 3:9 = 1:3
No comments:
Post a Comment