IDCC CC

There are a lot of C's in that title, but that is no mistake - yesterday, I sold a March '08 covered call (with a strike of 20) on IDCC for 0.25, taking advantage of its strong rebound. It is fully possible for the stock to appreciate another 12% in the next two weeks, but in that case, I would be more than happy to sell my shares and buy it again on a dip.