Options Brief: Rayonier

Shares of Rayonier RYN are lower on the session by 1.03%, trading at $65.31. Overall call volume is now running at 10.35x the daily average, with 80% of all calls traded being purchases on the offer. 1,025 contracts have traded on the session so far. Rayonier Inc. is a real estate investment trust. Rayonier is an international forest products company primarily engaged in activities associated with timberland management, the sale and entitlement of real estate, and the production and sale of specialty cellulose fibers and fluff pulp.