InterDigital Wireless Target of Unusually Large Options Trading (NASDAQ:IDCC)
InterDigital Wireless Inc (NASDAQ:IDCC) was the target of unusually large options trading on Tuesday. Stock traders purchased 2,003 put options on the stock. This represents an increase of approximately 1,362% compared to the typical daily volume of 137 put options.
Hedge funds and other institutional investors have recently made changes to their positions in the business. Point72 Asset Management L.P. acquired a new position in InterDigital Wireless during the second quarter worth approximately $26,000. Tower Research Capital LLC TRC increased its position in InterDigital Wireless by 6,828.6% during the second quarter. Tower Research Capital LLC TRC now owns 485 shares of the Wireless communications provider’s stock worth $31,000 after buying an additional 478 shares during the last qu ...