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Schaeffer's Option Skews: Relatively Heavy Call Activity on Research in Motion Limited (RIMM), SanDisk Corp. (SNDK), and Freepo

  //science-technology.news-articles.net/content/2 .. n-limited-rimm-sandisk-corp-sndk-and-freepo.html
  Published in Science and Technology on Thursday, February 12th 2009 at 8:11 GMT, Last Modified on 2009-02-12 08:11:58 by Market Wire
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CINCINNATI--([ BUSINESS WIRE ])--Research in Motion Limited (NASDAQ: RIMM), SanDisk Corp. (NASDAQ: SNDK), and Freeport-McMoRan Copper & Gold Inc (NYSE: FCX) are companies that stand out on today's scan.

Research in Motion Limited (RIMM) was in the headlines yesterday after the company warned of weak results. The shares responded by dropping over 14%. However, this one-two punch of weak fundamental news and weak price action inspired call buyers. That is a contrarian warning sign.

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