Calls Purchased on Photronics, Inc. (PLAB)

Shares of Photronics, Inc. PLAB are higher on the session by 20.20%, currently trading at $9.82. 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 March 2011 $10.00 call was purchased 760 times, on the offer, on open interest of 1,445 contracts. The June $10.00 call also traded 212 times on open interest of 74 contracts. Overall call volume is now running at 4.08x the daily average with 75% of all calls traded being purchases on the offer. Photronics, Inc. is a manufacturer of photomasks, which are high precision photographic quartz plates containing microscopic images of electronic circuits.