Upside Purchased on Agilent Technologies (A)

Shares of Agilent Technologies, Inc.

are lower on the session by 0.68%, currently trading at $33.52. The stock has been moving largely higher over the past two months, rallying off of a base around $27.00. Shares are trading well above the 200-day moving average, which is around $30.00. Options traders are betting on further upside. A short while ago the Janaury 2011 $34.00 call was purchased 5,500 times, on the offer, on open interest of 286 contracts. This signals new positioning on the name. Overall call volume is now running at 3.5x the daily average, 95% on the offer. Agilent Technologies, Inc. is a measurement company providing core bio-analytical and electronic measurement solutions to the life sciences, chemical analysis, communications and electronics industries. Subsequent to the fiscal year ended October 31, 2009, the company operated in three business segments: life sciences, chemical analysis and electronic measurement.