Replies to post #430913 on InterDigital Inc (IDCC)

[Task1]

We can only hope. We won’t have to wait long to know the answer.

[jealmc79]

“Since it is now over 1M synthetic shares”

I don’t see how synthetic shares make much if any sense. If you sell an $85 put you have to have the $85 in your account or margin in case the stock is put to you and the person selling the call would have to have the stock available in case he got called out. I don’t see where there is any leverage in either case. Either way you are putting up $74.30 in cash or stock to cover your position in the end. Maybe I’m missing something here but I don’t know what it is even if margin is used it gong to cost you. The person selling the calls would at least get to collect any dividends in the meantime. The person selling the puts doesn’t seem to get anything.

[jealmc79]

Maybe BOA is the one that sold the short position in this deal. That would explain a lot.