Trading GE Upside Via Options (GE)
General Electric Co. (NYSE: GE) is not usually in the most active options contracts. But its stock has not normally been under $20.00 either. Today we have seen some 28,604 options contracts trade (as of 1:28 PM EST) in the DEC-2008 $20.00 Call options. What is interesting is that before today the open interest in [...]
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 [...]
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