Calls Purchased on CenterPoint Energy, Inc.

Shares of CenterPoint Energy, Inc. CNP are higher on the session by 0.75%, currently trading at $18.86. The stock has been moving largely higher over the past five months and is currently trading above the 200-day moving average. Options traders are buying calls on the name today. A short while ago the November 2011 $20.00 call was purchased 1,000 times, on the offer, on open interest of 1,076 contracts. Overall call volume is now running at 2.04x the daily average with 98% 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.