Shares of NiSource Inc. (NI) are up .51 to 38.80 today.? ?NI is making a 52 week high.
Today paper traded 11485 NI Jul 40 calls for .30. ?The ADV is 942. ?The OI is 0 contracts.
The volume went up in one large block.? Volume on this strike is over 18k as there was some closing paper in the nearer term options.? These calls as of this writing are .50 bid and the IV is up 6 points in Jul.? There is tremendous upside speculation in this name today.
?30-day implied volatility is 21%.?? 10-day implied volatility is 15%.? 30 day implied volatility is trading above the 10 Day Historical volatility.
NiSource Inc. (NiSource) is an energy holding company whose subsidiaries provide natural gas, electricity and other products and services to approximately 3.8 million customers located within a corridor that runs from the Gulf Coast through the Midwest to New England.