InterDigital Inc (IDCC)

[redbarn]

Here is my take on the potential effect that options expirations tomorrow will have on the IDCC price, assuming that the IDCC price tomorrow remains above $30:
The naked option sellers for the most part have already covered or will be forced to close their positions by buying back their options. This will have no effect on IDCC price.
On the other hand, the covered option sellers, which represent the vast majority of the open interest, will make a choice: Either they will cover my buying back their options, which action will have no effect on IDCC's price, or they will let their stock be called. If they remain bullish, they will rebuy stock to restore their original position before they were called. It is this course of action that will put upward pressure on IDCC's price.
I do not belive the the conspiracy theory so often expressed on this board that the option traders conspire to sell stock before the expiration date in order to avoid a loss. Option makers are savy and they know when to get out of they way of a bulldozer. IMHP