Calls Purchased on NRG Energy, Inc. (NRG)

Shares of NRG Energy, Inc. NRG are higher on the session by 1.71%, currently trading at $21.68. The stock has been moving largely higher over the past four months and is currently trading above the 50-day and 200-day moving averages. Options traders are buying calls on the name today. A short while ago the May 2011 $22.00 call was purchased 1,000 times, on the offer, on open interest of 1,116 contracts. Overall call volume is now running at 2.88x the daily average with 81% of all calls traded being purchases on the offer. NRG Energy, Inc. is a wholesale power generation company. It is engaged in the ownership, development, construction and operation of power generation facilities, the transacting in and trading of fuel and transportation services, the trading of energy, capacity and related products in the United States and select international markets, and the supply of electricity and energy services to retail electricity customers in the Texas market.