Out RIMM for now

With my tail between my legs, admitting defeat to RIMM, I sold for a killer loss.  Time to hunt for something that I can make a killer gain with now.  After dropping so much on RIMM there’s not much choice for me, I have to play more aggressively.

Looks like Lindsey will take a commanding lead today. 

Sold:
RIMM Jan08 $120 put (RULMD), 3 @ $11.20
Entered 11/27 @ $16.15, exited 11/28 @ $11.20
31% loss, -$1,491 (after $2.00 commission)
stock price when entered $113.45
stock price when exited $120.91