This unusual activity in RIM could be due to speculation that Apple will no longer use Samsung as their supplier for iPhone parts, including the A5 chip and touchscreen due to the two companies ongoing legal battle. Should this occur Apple may take their business to Intel while RIM may team up with Samsung. A Global and Mail story this morning reported that Samsung may license RIM’s BB10 operating system.
This morning Research in Motion ($RIMM) is up over 5% on heavy volume. Stock volume is 7x greater than usual and options volume is heavy as well: 64,000 calls and 94,000 puts have traded. The largest trade of the day occurred two minutes after the open when 10,000 Sept. 8 calls traded at $0.52. ISEE reports that the trade was to open.