InterDigital Inc (IDCC)

[vegas options]

jealmc79, Yes when you own an option you can enact anytime at any price. In your example you can do it if you have an extra $85M on you but the only way you are guaranteed to get the shares is the way they did it. When you sell an option whoever owns it may or my not deliver. It does happen, I usually have about 50 sold options a year in the money that they do not enact. I can not tell you why, but they do not enact them. If you look at December options, they show a bias to the upside.