Options Spike: NRG Energy & Mirant (NRG, MIR)

Posted in Options  by: admin
June 26th, 2008

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 of 2,168 contracts.
  • Mirant’s JUL08 $40.00 CALL with 15,026 contracts traded, prior open interest of 1,734 contracts.

This is far from normal options trading when you consider these normal volumes.

Jon Ogg
June 26, 2008

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