Calls Purchased on InterDigital, Inc. (IDCC)

Shares of InterDigital, Inc.

are higher on the session by 5.91%, currently trading at $36.39. The stock has been moving largely higher over the past five months, bouncing off of the $25.00 level and rallying back above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the June 2011 $40.00 call was purchased 5,000 times, on the offer, on open interest of only 599 contracts. This signals new positioning on the strike. Overall call volume is now running at 2.92x the daily average with 85% of all calls traded being purchases on the offer. InterDigital, Inc. designs and develops advanced digital wireless technologies for use in digital cellular and wireless IEEE 802-related products and networks. The Company is developing technologies that may be utilized to extend the life of the current generation of products, may be applicable to multiple generational standards, such as third generation, long term evolution, and LTE-Advanced cellular standards, as well as Institute of Electrical and Electronic Engineers 802 wireless standards.