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nicmar

08/24/11 4:42 PM

#333403 RE: badgerkid #333393

Badgerkid. 4 trading days ago, those 105's had an asking price of $4.40 when IDCC opened at 67.14 and closed at 64.69. The $4+ for those 105's had been there for some time allowing for fluctuations.

Yesterday and today, the asking price (which didn't move even when we hit 68 and 69 today) for those same options are $2.35. $4.40 to $2.35 in the 3rd and holding in the 4th day does not seem like a run or a confidence booster.

Now you may think this is not for "the feint of heart" and I agree, but $4,400 to $2,350 in multiples of 10 contracts is significant and reflects something and it's not reflecting the time decay. .. nic

[Nic, listen to yourself - $105's ? When have options that far above the current price ever had any value especially following the kind of price movement we've already had?

By the way, I've looked at options of other companies and most don't go to 120 like IDCC. :) :)