Market Overview

Calls Purchased on RTI International Metals (RTI)

Shares of RTI International Metals (NYSE: RTI) are higher on the session by 1.97%, currently trading at $28.44. The stock has been moving largely lower over the past four months, though it 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 $30.00 call was purchased 1,000 times, on the offer, on open interest of 2,077 contracts.

Overall call volume is now running at 4.24x the daily average with 95% of all calls traded being purchases on the offer.

RTI International Metals, Inc. is a producer and supplier of titanium mill products, and a manufacturer of fabricated titanium and specialty metal components for the international aerospace, defense, energy, and industrial and consumer markets.

Posted-In: Long Ideas Technicals Options Trading Ideas

 

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