Seeing recent buying interest in Titanium Metals (TIE) call options. Stock is up 15 cents to $16.94 and total volume in the options market is running three times the uusual. Roughly 12,000 call options have traded, compared to just 348 puts. The June 17.5s are the most actives, with 6,300 contracts traded and 57 percent trading on the offer. Volume also seen in the June and July 20s
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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.