Option update: Specialty metal suppliers moved by BA's 787 Dreamliner delay

Posted Oct 10th 2007 4:00PM by Paul Foster
Filed under: Boeing Co (BA), Options, Commodities

RTI International Metals (NYSE:RTI), a producers of titanium used in the composition of products in the aerospace, industrial & medical sector. RTI is recently down $2.85 to $81.54 on consumption demand interruptions affiliated with BA delaying its 787 Dreamliner rollout until late 2008. RTI November option implied volatility of 51 is above its 26-week average of 44 according to Track Data, suggesting larger price risks.

Allegheny Tec h (NYSE: ATI) a diversified specialty metals producer, is recently down $4.99 to $110.45. ATI has market cap of $11.2 billion. ATI November option implied volatility of 43 is above its 26-week average of 39 according to Track Data, suggesting larger price risks.

Daily options Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.

Tags: 747 757 767 737, 787 Dreamliner rollout, 787DreamlinerRollout, Airbus, Allegheny Tech, AlleghenyTech, ATI, Boeing, Jet Airplane suppliers, JetAirplaneSuppliers, RTI, RTI Int'l Metals, RtiInt'lMetals, titanium