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Options Traders Brace for Decline in NRG
OptionMonster co-founder Pete Najarian provides options picks Monday, Wednesday and Friday in TheStreet.com's Deep in the Money Calls newsletter.
David Russell, reporter for OptionMonster.
Options traders are positioning for a pullback in NRG Energy(NRG Quote) as the utility stock struggles to break a technical resistance level on its chart.
Volume in the September 20 puts surged to 5,417 against open interest of 1,887 contracts, according to OptionMonster's monitoring systems. A handful of large purchases this morning for $2.15 accounted for all the activity. ...
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