Calls Purchased on Amphenol Corporation (APH)

Shares of Amphenol Corporation APH are higher on the session by 2.84%, currently trading at $56.91. 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 February 2011 $55.00 call was purchased 4,100 times, on the offer, on open interest of 561 contracts. Overall call volume is now running at 20.71x the daily average with 78% of all calls traded being purchases on the offer. Amphenol Corporation is a designer, manufacturer and marketer of electrical, electronic and fiber optic connectors, interconnect systems, and coaxial and high-speed specialty cable. The company designs and manufactures connectors and interconnect systems, which are used primarily to conduct electrical and optical signals for a range of sophisticated electronic applications.