Calls Purchased on Teradyne

Shares of Teradyne TER are higher on the session by 1.95%, currently trading at $14.10. 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 2011 $14.00 call traded 3,400 times on open interest of 2,103 contracts. Overall call volume is now running at 4.74x the daily average with 94% of all calls traded being purchases on the offer. Teradyne, Inc. is a global supplier of automatic test equipment. The company designs, develops, manufactures and sells automatic test systems and solutions used to test complex electronics in the consumer electronics, automotive, computing, telecommunications, and aerospace and defense industries.