Options Spike: NRG Energy & Mirant (NRG, MIR)
There are two options contracts that are the most active on the CBOE today, and both are electric producers and power generation. NRG Energy, Inc. (NYSE: NRG) and Mirant Corp. (NYSE: MIR) hold the two top spots for options trading so far this morning.
NRG’s JUL08 $42.50 CALL with 15,005 contracts traded, and prior open interest [...]
Major Block Trade: Mirant (MIR)
Mirant Corp. (NYSE: MIR) is seeing shares up 0.9% at $40.86 on heavy volume of 11.7 million shares as of 10:02 AM EST. While there hasn’t been any fresh news on the stock, there was a rather unusual trade. A single block trade posted on the tape for 8,498,396 shares at $40.90 at 9:46. As [...]
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