Market Overview

Calls Purchased on Kulicke and Soffa (KLIC)

Shares of Kulicke and Soffa (NASDAQ: KLIC) are higher on the session by 5.37%, currently trading at $8.05. The stock has been moving largely higher over the past two months and is currently trading above the 50-day and 200-day moving averages.

Options traders are buying calls on the name today. A short while ago the July 2011 $9.00 call was purchased 1,000 times, on the offer, for $0.75 on open interest of 2,609 contracts.

Overall call volume is now running at 3.82x the daily average with 98% of all calls traded being purchases on the offer.

Kulicke and Soffa Industries, Inc. designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, light-emitting diodes, and power modules.

Posted-In: Long Ideas Technicals Options Trading Ideas

 

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