Another utility name with one day call buying
Another utility name with one day call buying. PG&E up 20c to $43.67 and small lots of Aug 44.5 calls trade across the exchanges from 30 to 35c per contract. 3.4K trade against 320 open interest and the market lifted to 40 to 45c. The contract is struck 1.7% above the stock price and expires tomorrow. Edison International (EIX) is drawing opening call buying in August upside calls as well.