Notable Call Options Activity in GenOn Energy

Shares of GenOn Energy GEN are higher on the session by 3.60%, currently trading at $2.88. The stock has been moving largely lower over the past three months and is currently trading below the 50-day moving average. Options traders are focusing on calls today. A short while ago the February 2012 $4.00 call traded 1,500 times on open interest of 5,509 contracts. Calls are outpacing puts today by 27 to 1. GenOn Energy, Inc., formerly RRI Energy, Inc., provides energy, capacity, ancillary and other energy services to wholesale customers in energy markets in the United States through ownership and operation of, and contracting for, power generation capacity.
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