Notable Call Options Activity in Public Service Enterprise Group

Shares of Public Service Enterprise Group PEG are higher on the session by 0.88%, currently trading at $29.93. 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 May 2012 $30.00 call, which has traded 1,600 times on open interest of 262 contracts. Calls are outpacing puts today by 125 to 1. Public Service Enterprise Group Incorporated is a holding company. The company's operations are in the Northeastern and Mid Atlantic United States and in other select markets.