InterDigital Inc (IDCC)

[sonetirot]

A lot of covered call writer would love to have their call taken away (that mean they made money) They only lose potential profit if stock run away. If stock run a little, Chance are they made a few dollars sell close to (or in) money call.

They then will buy back shares to sell covered call again.
More likely if the stock not really run away, they could have close the position by buying back close to intrinsic value of the option on the last day. More likely with profit since they may have sold covered call at higher price much earlier.

I sold FEB.05 17.5PUT, Next Friday. If it above $17.50, I would keep the fees for my trouble. If it below $17.50, I would get extra 1000 shares for $17,500.

I will let it be whatever it will be.