Public Service Enter (NYSE: PEG), a regulated gas & electric utility serving three-quarters of New Jersey's population, closed at $25.96. PEG April option implied volatility of 49 is near its 26-week average of 45, according to Track Data, suggesting slightly larger price movement.
PG & E (NYSE: PCG) serves 4.9M electricity distribution customers, and approximately 4.1M natural gas customers in California, closed at $37.52. PCG option implied volatility of 39 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Consolidated Edison (NYSE: ED) closed at $39.15. ED April option implied volatility of 32 is near its 26-week average according to Track Data, suggesting non-directional price movement.
Option Update is provided by Stock Specialist Paul Foster of theflyonthewall.com.
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