Calls Sold on Kulicke & Soffa (KLIC)

Shares of Kulicke & Soffa Industries KLIC are lower on the session by 7.45%, currently trading at $7.39. The stock has been trading higher over the past two months, but has come under heavy selling pressure as of late. Options traders are selling calls on the name today. The August $7.50 call was sold 2,300 times, on the bid, on open interest of 1,269 contracts and the October $7.50 call was sold, on the bid, on open interest of 1,670 contracts. Call volume is now running at 6.5x the daily average. 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. It also services, maintains, repairs and upgrades its equipment.