Research in Motion (NASDAQ: RIMM) is recently up $6.77 to $139.55.
RIMM announced the introduction of BlackBerry Bold smartphone.
Smith Barney says: "We expect its 3G capability will help drive strong international growth for RIMM. We expect AT&T (NYSE: T) will be the first domestic carrier to offer the Bold."
RIMM call option volume of 77,745 contracts compares to put volume of 45,526 contracts. RIMM June option implied volatility of 45 is below its 26-week average of 57 according to Track Data, suggesting decreasing movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com










