InterDigital Inc (IDCC)

[nicmar]

Count.. I don't know. I get confused on the options thing as I've never bought or sold any of them, but take Joels case. He spends $1000 for the right to purchase 1000 shares. If IDCC doesn't sell, the share price drops to $35 and Joel loses $1000.

Now say Joel doesn't go for the put and call stuff so he buys 1000 shares at $71.00, todays price and the cost is $71,000. If IDCC doesn't sell, the share price drops to $35.00 and Joel loses $36,000. Say what? Maybe a lousy $1000 is not too bad a risk at all as I lost many times that in paper amount just today. mo.. nic

If you want to gamble, that's fine, but be aware of what you are doing and don't gamble money you can't afford to lose.

Good post and I agree with most all of it, but as you say, the above scenario does make options awfully enticing. Again, mo.. nic