Volume Spike Investor

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 [...]

NRG Energy, Inc. (NYSE: NRG) saw unusual options activity today.  In fact, it led the CBOE as the most active Call option series.  We saw some 30,000 of the SEP08 $45 CALLS trade hands.  On a fully leveraged basis that represents some 3 million shares.  The stock closed down 0.2% at $42.97 on 4.162 million [...]