Notable Call Options Activity in Titanium Metals
Shares of Titanium Metals (NYSE: TIE) are higher on the session by 2.37%, currently trading at $13.83. The stock has been moving largely lower over the past six weeks and is currently trading below the 50-day moving average.
Options traders are focusing on calls today. The strike seeing the heaviest volume is the April 2012 $15.00 call, which has traded 2,600 times on open interest of 564 contracts.
Calls are outpacing puts today by 29 to 1.
Titanium Metals Corporation is a producer of titanium melted and mill products. The company has titanium production facilities in both the United States and Europe.
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