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Options Point to Gains for KLA-Tencor

Stock quotes in this article: KLAC  

OptionMonster co-founder Pete Najarian provides options picks Monday, Wednesday and Friday in TheStreet.com's Deep in the Money Calls newsletter.

David Russell, reporter for OptionMonster.

Options trading turned bullish on chip equipment maker KLA-Tencor(KLAC Quote) as at least one investor positioned for a near-term pop in the shares.

OptionMonster's tracking systems detected the purchase of 5,000 July 26 calls against open interest of 1,181 contracts. The premiums paid rose from 75 cents to 80 cents as the transactions were recorded, suggesting a strong buying pattern. ...

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