Titanium Metals (TIE) is up 14 cents to $11.40 and recent options action includes two sweeps of 5000 (2500X2) Jan 12.5 calls ask-side for 25 cents. 6289 now traded (90 percent ask-side). Implied vols lifted 5 percent to 49.3. So, this looks like call buyers in the metals company. Shares hit a low of $11.13 have have been battling back to $11.39, +.13 on the day. There was a noticable spike in share volume at the time of the sweeps as well. No headlines on TIE today.

2 users commented on " Titanium Metals Corporation (TIE) $11.37 +0.98% "
Follow-up comment rss or Leave a Trackbacksomeone just capped the price of TIE at 12.50. bummer.
Really? It’s on the “bullish flow” list again today. new 52-week high too.