InterDigital Inc (IDCC)

[jealmc79]

“Is he betting on a downturn of IDCC price because he's paying a lot more for the Puts than the Calls?”

The person buying the puts and selling the calls is betting on a down turn in the stock price and evidently responsible for most of the short interest.

The person selling the puts and buying the calls wants the price to go up and could be trying to force a short squeeze the way I’m looking at it.

Who’s got the deeper pockets?


If the person was buying both the calls and the puts he’d be hoping for some volatility to try and make money. Not a very good way to do it since your already losing time premium as soon as you buy an option. Plus you have the bid/ask spread to deal with and would need a large buyer of options to get out of your position.

Looks like a couple players with large egos doing this.