Calls Purchased on KLA-Tencor Corporation

Shares of KLA-Tencor Corporation KLIC are higher on the session by 4.86%, currently trading at $41.67. The stock has been moving largely lower over the past four months, but is currently trading above the 50-day moving average. Options traders are buying puts on the name today. A short while ago the July 2011 $42 call traded 4,700 times on open interest of 1,052 contracts. Overall call volume is now running at 11.80x the daily average with 90% of all calls traded being purchases on the offer. KLA-Tencor Corporation is a supplier of process control and yields management solutions for the semiconductor and related nanoelectronics industries. The company is engaged in the design, manufacture and marketing of process control and yield management solutions for the semiconductor and related nanoelectronics industries.