Option update 11-16-07: IBM volatility elevated on unconfirmed RIMM takeover chatter

Filed under: International Business Machines (IBM), Research in Motion (RIMM), Options, salesforce.com inc (CRM)International Business Machines Corp. (NYSE: IBM) recently up 45 cents to $104.10. IBM is frequently chattered as a potential acquirer of Research in Motion Limited (NASDAQ: RIMM). IBM trades at a P.E. of 33. RIMM trades at a P.E. of 78. IBM has a market cap of $142 billion. RIMM has a market cap of $59 billion. IBM December option implied volatility of 31 was above its 26-week average of 24 according to Track Data, suggesting larger risk. Salesforce.com (NYSE: CRM) volatility fattens as CRM rallies to record on earnings per share: CRM was recently up $2.22 to $46.34. Wedbush Morgan says "Good Q3, but we remain cautious due to conservative 2009 revenue guidance with only