Calls Purchased on NiSource

Shares of NiSource NI are higher on the session by 2.04%, currently trading at $20.53. The stock has been moving largely higher over the past six months and is currently trading above the 50-day moving average. Options traders are buying calls on the name today. A short while ago the January 2012 $22.50 call traded 700 times on open interest of 174 contracts. Overall call volume is now running at 17.04x the daily average with 95% of all calls traded being purchases on the offer. NiSource Inc. is 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.