Shares of Amkor Technology, Inc. AMKR are higher on the session by 3.13%, currently trading at $7.25. The stock has been moving largely higher over the past three 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 January 2011 $7.50 call was purchased ~3,000 times, on the offer, on open interest of 13,834 contracts.
Overall call volume is now running at 4.23x the daily average with 100% 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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