Shares of CenterPoint Energy, Inc. (CNP) are down .03 to 23.90 today.? ?CNP is near the upper end of the 52 week range.
Today paper traded 20000 CNP Sep 24 calls for .60. ?The ADV is 3222 contracts. The OI is 8 contracts.
The volume went up in 1 large block.? The giant block went up close to the offer and was most likely a buy that was matched.? The calls are now .70 bid with IV climbing so the timing of the trade was very good.? With earnings out today the buyer is looking for a post earnings run in the stock.
30-day implied volatility is 28%.?? 10-day implied volatility is 18%.? 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.