Calls Purchased on RTI International Metals (RTI)

Shares of RTI International Metals RTI are higher on the session by 6.96%, currently trading at $28.29. The stock has been moving largely lower over the past six 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 $25.00 call was purchased 768 times, on the offer, on open interest of only 82 contracts. This signals new positioning on the strike. Overall call volume is now running at 4.84x the daily average with 87% 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.