Options Brief: Tenaris S.A. (TS)

Shares of Tenaris S.A. TS are lower on the session by 3.04%, currently trading at $42.38. Call volume is now running at 2.42x the daily average, with 83% of all calls traded being purchases on the offer. 2,403 call contracts have traded so far during the session. Tenaris S.A., through its subsidiaries, engages in the manufacture and sale of steel pipe products. It operates in three segments: Tubes, Projects, and Other. The Tubes segment produces and sells seamless and welded steel tubular products, as well as provides related services for energy and industrial applications.