Shares of CenterPoint Energy, Inc (CNP) are down .01 to .23.04.? CNP is in the middle of the 52 week range.

Today paper traded 10000 CNP Feb 22.5/25 call spreads at .55.? ADV is 7404 contracts.? The OI is 26k and 60k.

The volume went up in two big blocks for the spread.? The paper looked like it was closing the 25s and opening the 22.5s rolling the trade down just in the dividend.? There looks like 50k more calls to roll down.? The trade looks like a covered call strategy.

30-day implied volatility is 28%.?? 10-day implied volatility is 16%.? 30 day implied volatility is trading above the 10 Day Historical volatility.

CenterPoint Energy, Inc. is a domestic energy delivery company. The Company?s business segments include Electric Transmission and Distribution, Natural Gas Distribution, Competitive Natural Gas Sales and Services, Interstate Pipelines, Field Services and Other Operations.