InterDigital Inc (IDCC)

[jeffree]

April options wrap-up...Look at the numbers-


http://finance.yahoo.com/q/op?s=IDCC+Options

The $32.5 strike Calls ended up in the money...The $35 (shorts' main hedge choice) NOT...

now look at the Open Interest for May, June, and September...

the $35 strike call, once again, the Main choice for short hedging...


I write a few covered calls myself, but these quantities Must be written by the CBOE and other MMs...likely Naked...thats why the $35 Shareprice has been/will be a point of resistance...


the 5,100,000+ short interest is Extremely Vulnerable at this point in time...Using options, they can hedge by buying Calls, or writing ITM Puts...and in looking at the various expirations...they Have done a Poor Job of alleviating their Risk...


just My observations here, but shorts are well-aware of their predicament...


are Heartland Funds administrators (or others who received the roadshow Investor presentations) also watching...??!

Gee...wouldn't That be peachy...?!!


lol



jmfo


...jk...