Calls Purchased on FormFactor, Inc. (FORM)
Shares of FormFactor, Inc. (NASDAQ: FORM) are lower on the session by 0.52%, currently trading at $8.54. The stock has been moving largely lower over the past five months and is currently trading below the 50-day and 200-day moving averages.
Options traders are buying calls on the name today. A short while ago the April 2011 $10.00 call was purchased 1,700 times, on the offer, on open interest of 11,454 contracts.
Overall call volume is now running at 3.92x the daily average with 76% of all calls traded being purchases on the offer.
FormFactor, Inc. designs, develops, manufactures, sells and supports precision semiconductor wafer probe cards. The company has facilities in the United States, Japan, Germany, Taiwan, Italy, South Korea and Singapore and the People's Republic of China.
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