Shares of TriQuint Semiconductor TQNT are higher on the session by 1.19%, currently trading at $10.18. The stock has been moving largely lower over the past five months and is currently trading below the 50-day moving average.
Options traders are buying calls on the name today. A short while ago the August $12.00 call traded 1,500 times on open interest of 1,462 contracts.
Overall call volume is now running at 3.68x the daily average with 82% of all calls traded being purchases on the offer.
TriQuint Semiconductor, Inc. is a supplier of modules, components and foundry services for communications applications.
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