Calls Purchased on Linear Technology Corp. (LLTC)

Shares of Linear Technology Corp. (NASDAQ: LLTC) are higher on the session by 1.21%, currently trading at $30.09. The stock has been moving largely higher over the past three months and is now looking to regain the 50-day moving average.

Options traders are buying calls on the name today. The September $30.00 call was purchased 3,400 times, on the offer, a short while ago; open interest on the strike is 457 contracts. This signals new, bullish positioning on the name.

Call volume is now running at 4.71x the daily average.

Linear Technology Corporation designs, manufactures and markets a line of standard linear integrated circuits. The company's products include high-performance amplifiers, comparators, voltage references, monolithic filters, linear regulators, direct current to direct current converters, battery chargers, data converters, communications interface circuits, radio frequency signal conditioning circuits, uModule products, and many other analog functions.