Calls Purchased on Kulicke & Soffa (KLIC)

Shares of Kilicke & Soffa Industries Inc. KLIC are lower on the session by 1.72%, currently trading $6.84. The stock has been moving lower over the past seven weeks, but the stock appears to have found support near the 200-day moving average. Calls are being purchased on the name today with the June $7.50 call purchased 1,200 times. Open interest on the strike is 3,745 contracts. Call volume is now running at 2.27x the daily average with 84% of all calls traded being purchases on the offer. Kulicke & 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, LEDs, and power modules.