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Titanium Metals (TIE) volatility at 16-month lows

November 10, 2009 8:34 AM EST
TIE Hot Sheet
Overall Analyst Rating:
    NEUTRAL (Up Up)

Dividend Yield: 2.5%
Titanium Metals (NYSE: TIE) closed at $9.61. TIE, a worldwide producer of titanium metal products, is expected to be a supplier of materials for the Boeing (BA) 787 Dreamliner. TIE December option implied volatility is at 51, January is at 54; below its six-month average of 67, according to Track Data, suggesting decreasing price movement. Paul Foster

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