Significant Options Activity on Tuesday: GS, MTUS, PTON
Metallus Inc Options Activity: Metallus Inc (MTUS) has seen a trading volume of 1,805 options contracts today, equating to about 180,500 underlying shares, which is 73.6% of its average daily trading volume over the past month. Notably, the $17.50 strike call option expiring on February 20, 2026, has had 1,550 contracts traded.
Peloton Interactive Options Activity: Peloton Interactive Inc (PTON) reported an options trading volume of 107,677 contracts, representing approximately 10.8 million underlying shares, or 70.2% of its average daily trading volume. The $8.50 strike call option expiring on October 24, 2025, has seen particularly high activity with 73,035 contracts traded.
Comparison of Trading Volumes: The trading volumes for both MTUS and PTON indicate significant interest in their respective options, with MTUS showing a strong percentage of its average daily volume and PTON reflecting a high number of contracts traded.
Further Information on Options: For more details on the various available expirations for GS, MTUS, or PTON options, StockOptionsChannel.com can be visited for additional insights.
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- Contract Agreement: Metallus has signed a new four-year contract with United Steelworkers Local 1123, effective February 5, 2026, through September 30, 2029, reflecting a mutual commitment to enhance employee satisfaction and safety within the workforce.
- Wage and Benefit Increases: The new contract guarantees annual base wage increases for Canton-based employees and competitive healthcare and retirement benefits for all members, which not only enhances employee welfare but also increases the company's attractiveness in retaining talent.
- Strengthening Strategic Priorities: CEO Mike Williams emphasized that the contract reflects the company's strategic priorities in safety, innovation, and long-term competitiveness, aiming to enhance market position through sustained cash generation and profitability.
- Focus on Employee Wellbeing: The contract underscores the importance of employee health and safety while ensuring sustainable operations, which not only improves the work environment for employees but also promotes the company's long-term growth and market competitiveness.
- Contract Agreement: Metallus has signed a new four-year contract with United Steelworkers Local 1123, effective from February 5, 2026, to September 30, 2029, reflecting a mutual commitment to employee welfare and safety.
- Wage Increases: The contract guarantees annual base wage increases for Canton-based employees, ensuring stable income growth over the next four years, which is expected to enhance employee satisfaction and retention rates.
- Enhanced Benefits: The new agreement provides competitive healthcare and retirement benefits for all members, further emphasizing the company's focus on employee wellbeing, aimed at improving overall quality of life and workplace morale.
- Strategic Priorities Reinforced: CEO Mike Williams stated that this contract not only underscores the company's commitment to safety and innovation but also aligns with its strategic goals of maintaining strong cash generation and sustained profitability across all market cycles.
- Earnings Release Schedule: Metallus will release its Q4 and full-year 2025 results after market close on February 19, 2026, providing investors with critical financial data and performance insights.
- Conference Call Details: The company has scheduled a conference call with the financial community for February 20, 2026, at 9:00 a.m. ET, which will be broadcast live online, allowing investors to access real-time information.
- Company Overview: Metallus, based in Canton, Ohio, specializes in high-performance specialty metals for industrial, automotive, aerospace, and energy markets, achieving $1.1 billion in sales in 2024, reflecting strong market demand.
- Employee Count and History: With approximately 1,850 employees and over 100 years of experience in steel manufacturing, Metallus continues to provide high-quality alloy steel and seamless mechanical tubing, solidifying its leading position in the industry.
- Earnings Release Schedule: Metallus plans to release its fourth-quarter and full-year 2025 results after market close on February 19, 2026, which is expected to provide critical financial data and performance insights for investors.
- Conference Call Timing: The company will hold a conference call on February 20, 2026, at 9:00 a.m. ET, with live Internet access for investors and analysts to participate in the discussion of the financial results.
- Company Background: Metallus, based in Canton, Ohio, specializes in high-performance specialty metals for industrial, automotive, aerospace, and energy sectors, achieving $1.1 billion in sales in 2024 and employing approximately 1,850 people.
- Industry Position: As a leading U.S. producer of alloy steel bars and seamless mechanical tubing, Metallus boasts over 100 years of experience in high-quality steel manufacturing, continuously enhancing its customers' product performance and market competitiveness.

- New Contract Agreement: Metallus has reached a new tentative four-year contract with the United Steelworkers, covering approximately 1,200 employees, reflecting the company's efforts to balance employee needs with business priorities.
- Vote Schedule Delay: The current labor contract has been extended by 14 days until February 12, 2026, to allow time for the union to communicate with its members, ensuring normal operations during this period to avoid business disruptions.
- Management Statement: CEO Mike Williams stated that the new contract offers a fair and reasonable resolution aimed at maintaining job stability for employees while supporting Metallus' future success.
- Company Background: Metallus has over 100 years of experience in high-performance specialty metals manufacturing, achieving $1.1 billion in sales in 2024, demonstrating its strong competitiveness in industrial, automotive, and aerospace markets.
- Union Vote Outcome: Metallus's union members voted against the second tentative labor agreement on December 18, 2025, despite support from the local bargaining committee and international representatives, indicating employee dissatisfaction with the proposed terms.
- Agreement Overview: The rejected agreement aimed to provide excellent compensation and benefits while ensuring the long-term health of Metallus, but the vote outcome poses greater challenges for the company in future negotiations.
- Employee Coverage: The current agreement covers approximately 1,200 bargaining employees at the Canton, Ohio operations, with the original agreement extended until January 29, 2026, highlighting the urgency in employee management for the company.
- Management Response: CEO Mike Williams expressed disappointment over the vote outcome and reiterated the company's commitment to negotiating in good faith to reach a resolution that supports both employees and the company's future.







