Titanium Metals Breaks to New 52-Week High

Shares of Titanium Metals Corp TIE are moving higher by over 4.80% to $17.89 and hitting new 52-week highs along the way. Call options are also being bought in the name today with call volume currently running at 2.94x the daily average and 75% of all calls purchased being purchases on the offer. The May $18 call has traded over 2,400 times, the June $20 call has traded over 1,100 times, in addition to a smattering of several-hundred lots in nearly every single month. Titanium Metals Corp is a producer of titanium melted and mill products. The Company has titanium production facilities in the United States and Europe.