Replies to post #230554 on InterDigital Inc (IDCC)

[Gamco]

littleinvestor - You posted:

think some major short is buying an insurance premium against a possible settlement before September expiry date. MO

Not counting today, there are 25 business days until those September calls expire. I can understand a "major short" unwinding there position in this way,
ONLY IF; it is a ONE TIME INSURANCE PREMIUM!
Do you suppose that this "major short" has some assurance regarding the near term price per share of IDCC? OR Is this party contemplating a $600,000 monthly "insurance premium"?