Options Brief: The Timken Company

Shares of The Timken Company TKR are lower on the session by 3.76%, trading at $45.59. Overall call volume is now running at 7.32x the daily average, with 75% of all calls traded being purchases on the offer. 1,251 contracts have traded on the session so far. The Timken Company develops, manufactures, markets and sells products for friction management and power transmission, alloy steels and steel components. Timken's portfolio includes a range of friction management products and maintenance services.