InterDigital Inc (IDCC)

[nicmar]

Good for you MJP. I wish I had some, but I've never used options so am just now learning about how to use them. My knowlege is too limited now that I'll have to hold off for awhile.

I was intrigued the other day when Ghors brought up making money easily selling covered calls. "Some of the calls and puts return 50 - 100% or more annually. To me, the biggest risk is buying calls unless they are deep in the money with little time premium. If the stock doesn't move you can exercise and buy. Do the math and enjoy the returns. You don't have to be a trader or manipulator to make money in the market.

I probably wouldn't be good at that though, for instance I sold some shares on the last option day Friday at 25.62 knowing that idcc was pinned to 25 so figured I would buy them back at close to the 25 price. Well, as we know idcc went to 26.30 and finally falling back and I felt fortunate to replace them the last half minute at 25.92. The "sure thing quick pickup bucks didn't work well for me. mo. .. nic