Notable Call Options Activity in NRG Energy

Shares of NRG Energy NRG are higher on the session by 0.15%, currently trading at $16.52. 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. The strike seeing the heaviest volume is the March 2012 $17.00 call, which has traded 2,690 times on open interest of 2,640 contracts. The majority of the action stems from a 2,032 contract block, purchased at $0.60. Calls are outpacing puts today by 34 to 1. NRG Energy, Inc. is a wholesale power generation company. In June 2010, NRG acquired a pipeline of solar development projects from US Solar Ventures, which is an affiliate of Arclight Capital Partners, LLC.