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BlackBerry Ltd T.BB

Alternate Symbol(s):  BB

BlackBerry Limited is a Canada-based company, which provides intelligent security software and services to enterprises and governments around the world. The Company operates through three segments: Cybersecurity, IoT, and Licensing and Other. The Cybersecurity segment consists of BlackBerry Spark, BlackBerry SecuSUITE and BlackBerry AtHoc. The IoT business consists of BlackBerry Technology Solutions (BTS) and BlackBerry IVY. The Licensing and Other segment consists primarily of the Company’s patent licensing business. The Company’s core secure software and services offerings are its Cylance cybersecurity and BlackBerry unified endpoint management (UEM) solutions, collectively known as BlackBerry Spark. Its Cylance cybersecurity solutions include CylanceENDPOINT, an integrated endpoint security solution that leverages the Cylance AI model and OneAlert EDR console. The BlackBerry UEM Suite includes the Company’s BlackBerry UEM, BlackBerry Dynamics and BlackBerry Workspaces solutions.


TSX:BB - Post by User

Bullboard Posts
Post by b42on Dec 12, 2009 7:45am
624 Views
Post# 16580608

Listen up all you 'STUCK' ones,,,

Listen up all you 'STUCK' ones,,,A lesson i learned months ago when i was stuck with POT at $112 on it's way to $91 .  I sold calls every month between 100 and 105 till i dropped my average stock price down to almost 100. How ?? Because whether your options are called against you or not you still pocket the thousands that you collect from your option buyers when they expire on the 3rd friday of every month. On the last round i got called out at 110 for a 20-grand profit. Since then i've been selling calls on POT just like what i'm doing with RIM and between the two of them making a great wage every month. THIS IS NOT BOASTING OR BRAGGING, JUST INSTRUCTIONAL HELP for those who want to try it. Ask your  broker or bank to set you up. You do have to keep enough cash and margin in your account at all times in case you're called on the stock. But otherwise it works pretty good. Click on 'company snapshot' up above and when the page comes click on 'options'. It will default to Dec which is only a week to expiry (too close) so click on Jan. and you'll see how i got my 5-week $7,000 from RIM as the Jan 70 calls are currently $3.45. GOOD LUCK and i hope lots of you do this whenever you're stuck on a stock. It makes ALL the difference. By the way. If you want to BUY a stock cheaper you can sell puts. Whether you get the stock or not you still keep the thousands you get from selling the puts. Example from the RIM Jan options list would be selling 10 RIM Jan 62's for $2,000 that expire in 5-weeks. If you get hit then sell 10 $65=70 Feb calls against your  $62 RIM for probably $4,000. If RIM is still above $62 by the 3rd friday in Jan then you don't get any stock but you'll walk away like a thief-in-the-night with the $2,000 that you recieved.  I suggest you bookmark this post  to your 'favorites' for future reference. Remember; ''Buying is for suckers. Selling is for pros.''
Bullboard Posts