The Case for RIM: No iPhone in India

While the press and many bloggers are pounding on RIM, the company derives most of its revenue from overseas and is growing by leaps and bounds in places like India, where few can afford an iPhone.

Here are straddles for December, which will become profitable as long as the company moves the necessary amount, currently about 3%. Computed with the free  StraddlesCalc Tool.

Please do your own due diligence. This is not advice. Options are very dangerous and may cause 100% loss.