Constellation Energy Group Inc (CEG) $31.04 -0.13%

| September 4, 2009 | 0 Comments More

Constellation Energy (CEG) fell 46 cents to $31.08 and 5,400 puts (290 calls) traded Thursday. Sep 30 puts saw most of the action. 5000 traded and open interest increased to 5,108 from 136 contracts. About two thirds hit offerside, suggesting that some investors were buying-to-open positions and possibly looking for weakness in CEG before the September expiration (two weeks from today).

Category: All Stocks, Mid Cap Stocks, Utilities

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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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