Bearish Action In Research In Motion Weeklies As Shares Extend Slide

Research in Motion, Ltd. (RIMM)– Thestruggling mobile phone maker's shares are in the single-digits today,down 5.75% this afternoon to $9.67, trading at their lowest level innearly a decade. Put buying and call selling in the weekly optionssuggests there is further pain ahead for RIMM shareholders. Traderspositioning to profit from further weakness in the price of theunderlying snapped up more