Research in Motion (NASDAQ: RIMM) closed at a record high of $124.52.
- RIMM and Alcatel-Lucent (NYSE: ALU) announced an agreement to distribute BlackBerry handsets in China.
- Smith Barney says: "We continue to believe RIMM's stock price appreciation is fundamental. We reiterate our Buy rating on RIMM."
- RIMM November option implied volatility of 59 is above its 26-week average of 48 according to Track Data, suggesting larger risk.
Countrywide Financial (NYSE: CFC), a U.S. home mortgage lender, closed at $15.05.
- CFC is expected to report EPS on 10/26.
- CFC November option implied volatility of 103 is above its 26-week average of 61 according to Track Data, suggesting larger risk.
Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
The Richest Woman in the World: How Gina Rinehart Earns her Billions
Preserve Your Budget by Freezing Foods -- Savings Experiment

