InterDigital Inc (IDCC)

[davids]

Isn't today's volume of $17.50 calls a maximum for the number of writers buying back their options?

vol 1287 open interest 4519
BTW 80% of today's volume has occured since my post.

davids

I take the above post back...any amount of buying interest by writers to buy back their calls would be sufficient to create a market for the calls. Especially if the writer sold them originally for $1, they can lock in their gain by buying back at $0.10-15, just in case.