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Replies to post #430842 on InterDigital Inc (IDCC)

Replies to #430842 on InterDigital Inc (IDCC)
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vegas options

02/14/23 2:43 PM

#430843 RE: Rokky57 #430842

Rokky57, Whoever did it spent $2.4M for the puts and $180K for the calls. It clearly is an institution that is short. The reason they spent so much on the puts is their bias is for the stock to fall, but in either case they created 300,00 shares.
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vegas options

02/14/23 2:46 PM

#430844 RE: Rokky57 #430842

Rokky57, the RSI and all charts are meaningless when a company is looking to buy back up to 20% of their stock which will bring the share count to less than what the institutions own...