Replies to post #114576 on InterDigital Inc (IDCC)

[matt2237]

Options are normally entered with a ".O" at the end of their symbol. Ex:---DAQGD.O

Try that.

Doyle

[twelvebees]

IDoCare: Enter a dash before the option symbol. -DAQGD.
Good luck.

[wiredwest]

I use Optionsxpress and the Jul 20's are ".DAQGD"

I am not and authority on options so I buy calls and my max risk is losing whatever I throw at them.

[idcc2005]

IDoCare, better solution

In Fidelity, go to options section, check IDCC July $20 call options. It will show the symbol. Each brokerage house and stock info site uses different symbol. Ameritrade uses +DAQGD and Yahoo uses DAQGD.X, and so on and so forth.

[Desert dweller]

IDoCare, if you have never traded options, your Fidelity account is probably not set up to do so. In order to trade options, you need to apply for options trading before the brokerage account will allow it. You will need to fill out an options agreement and be approved. Based on how you fill it out, the brokerage may deny you the ability to trade options. If you state you are a risk averse investor without any options experience, they may deny you in order to protect you. Options have a high degree of risk and the brokerage does not just want everyone trading options, losing all their money, then coming back to sue them.

After completing the application, it takes a couple of days to hear. You will also need to complete an application for each account you plan on trading such as your taxable account and an IRA account, if you brokerage allows it. Scwabb just started allowing options trading in IRA's this year. Good luck if you give it a shot. Remember most options expire worthless, just take a look at June for an example of how many options that looked like good bets went up in smoke. Unfortunately, I know from 1st hand experience with the June options.

[BondGekko]

You should buy LEAPS, long term options, they have January 2007, strike price of 40, I'm willing to bet the price will be way above 40 by then