Calls Purchased on CenterPoint Energy, Inc. (CNP)

Shares of CenterPoint Energy, Inc. CNP are higher on the session by 1.61%, currently trading at $18.93. 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 November $22.50 call was purchased 1,000 times, on the offer, on open interest of only 6contracts. This signals new positioning on the strike. Overall call volume is now running at 2.14x the daily average with 96% of all calls traded being purchases on the offer. CenterPoint Energy, Inc. is a public utility holding company. The Company's indirect wholly owned subsidiaries include CenterPoint Energy Houston Electric, LLC, which engages in the electric transmission and distribution business in a 5,000-square mile area of the Texas Gulf Coast that includes Houston, and CenterPoint Energy Resources Corp., which owns and operates natural gas distribution systems in six states.