Calls Sold on Kulicke & Soffa (KLIC)

Shares of Kulicke & Soffa Industries Inc. KLIC are higher on the session by 2.01%, currently trading $6.86. The stock has been drifting lower for the past two months, but appears to have found a bottom near the 200-day moving average. Calls are being sold on the name today, though. The June $7.50 call was sold on the bid 1,500 times; Benzinga highlighted call buying on this same line yesterday. It appears that that trader is now taking some profits off the table. Kulicke & Soffa Industries, Inc. designs, manufactures and sells capital equipment and expendable tools used to assemble semiconductor devices, including integrated circuits, high and low powered discrete devices, LEDs, and power modules.