To all SMF Traders nice trade and not only that there are lots more to come once again as we go through next year and the October quarter there are more heads to fall see all of you guys in the morning and there are lots of new shorts coming once again what said he stays here, here and here and there after.
SMF Traders buying the options on Titanium Metals:
TIE has gained ~10% over the past hour with very heavy trading in the call options, with the sharp rise being attributed to a bullish research report. The most options trading has taken place in the TIE Oct 12.50 calls, with over 52K contracts trading vs open interest of just 1530, driving implied volatility up ~10 pts to 74%. The options trading in TIE is heavily focused on the call side, with total call volume of 72.1K contracts more than 11x total put volume of 6.4K contracts.