While the shares have lost some steam since then, there are reasons to believe the energy stock is not done climbing yet. According to data from Schaeffer's Senior Quantitative Analyst Rocky White, NRG stock has flashed this signal eight other times in the past three years. There's also skepticism to be unwound in NRG's options pits. The equity's Schaeffer's Volatility Index (SVI) of 23% sits in the 4th percentile of its annual range. Visit SchaeffersResearch.com to discover how you can use stock options to complement your investing portfolio.
Source: Forbes April 02, 2019 18:33 UTC