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Shares of Amkor Technology
AMKR are higher on the session by 3.00%, currently trading at $8.24. The stock has been moving largely higher over the past six 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 February 2011 $8.00 call was purchased 1,000 times, on the offer, on open interest of 807 contracts.
Overall call volume is now running at 2.17x the daily average with 95% of all calls traded being purchases on the offer.
Amkor Technology, Inc. is subcontractor of semiconductor packaging and test services. The company has designed and developed a number of package formats and technologies, including its Package-on-Package with Through Mold Via, FusionQuad, fcBGA, conformal shielding and copper pillar bumping and packaging technologies.
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