Financial giants have made a conspicuous bullish move on Citigroup. Our analysis of options history for Citigroup C revealed 10 unusual trades.
Delving into the details, we found 50% of traders were bullish, while 50% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $229,560, and 6 were calls, valued at $236,522.
Projected Price Targets
Analyzing the Volume and Open Interest in these contracts, it seems that the big players have been eyeing a price window from $45.0 to $65.0 for Citigroup during the past quarter.
Insights into Volume & Open Interest
In today's trading context, the average open interest for options of Citigroup stands at 10412.3, with a total volume reaching 7,400.00. The accompanying chart delineates the progression of both call and put option volume and open interest for high-value trades in Citigroup, situated within the strike price corridor from $45.0 to $65.0, throughout the last 30 days.
Citigroup Call and Put Volume: 30-Day Overview
Noteworthy Options Activity:
| Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
|---|---|---|---|---|---|---|---|---|---|---|---|
| C | PUT | SWEEP | BEARISH | 10/18/24 | $0.12 | $0.08 | $0.12 | $52.50 | $109.9K | 12.2K | 5.7K |
| C | CALL | SWEEP | BULLISH | 01/16/26 | $7.8 | $7.65 | $7.8 | $62.50 | $56.9K | 2.6K | 96 |
| C | PUT | SWEEP | BEARISH | 12/20/24 | $3.2 | $3.15 | $3.2 | $62.50 | $56.3K | 2.0K | 178 |
| C | CALL | SWEEP | BEARISH | 10/11/24 | $7.95 | $7.85 | $7.89 | $55.00 | $43.3K | 106 | 55 |
| C | CALL | TRADE | BULLISH | 09/27/24 | $2.8 | $2.68 | $2.8 | $60.00 | $39.2K | 1.6K | 316 |
About Citigroup
Citigroup is a global financial-services company doing business in more than 100 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.
Citigroup's Current Market Status
- Trading volume stands at 1,880,039, with C's price down by -1.07%, positioned at $61.91.
- RSI indicators show the stock to be may be approaching overbought.
- Earnings announcement expected in 21 days.
Professional Analyst Ratings for Citigroup
In the last month, 1 experts released ratings on this stock with an average target price of $71.0.
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Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements. Stay informed about the latest Citigroup options trades with real-time alerts from Benzinga Pro.
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