Amazon's Fire: RIM Boom or Bust: Profit Either Way

Amazon's Fire may well signal the Playbooks' demise. However, RIM still releasing many new products this fall ans still makes a lot of money on its Blackberry, with many loyal users, corporate and otherwise.

Which way will it be for RIM?

Below are straddles (strangles) for October, November, December, and January, which allow an investor to profit either way if the stock moves the indicated amount. The longer term versions are purposedsely way OTM (high risk, high gain).

Please do your own due diligence. Options are dangerous and may cause 100% loss.