InterDigital (IDCC) August and September 65 call volume and volatility elevated on Google expressing interest WSJ report

InterDigital (Nasdaq: IDCC) is recently up 14% to $61.01 following Google (Nasdaq: GOOG) expressing interest in acquiring InterDigital, the WSJ reports. On July 19th the company announced that its board initiated a process to explore and evaluate potential strategic alternatives for the company. August and September 65 calls are active. August option implied volatility is at 65, September is at 62; above its six-month average of 51 according to Track Data.

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