InterDigital Inc (IDCC)

[jmspaesq]

Hock as Count pointed out, this is not for everyone obviously and I hear you--I have always avoided options in this stock because events and their timing had so much uncertainty. I just don't see much uncertainty here, once the BOD essentially put out the FOR SALE sign to me it is only a matter of how much and when. You can certainly look at DEC JAN MAR and even JAN 2013. Obviously you pay a premium for the 'time value' but that certainly hedges the time risk for this to play out. I'm doing a spread of options to hedge my own risk that the earlier ones expire worthless while this all plays out--if SEP expires but I hit the later ones, it is all good. Also the closer to the money options give you a greater potential gain even at what I consider the absolute minimum buyout price--although I know you can figure this all out yourself! Good luck to us all!!!