Citigroup Unusual Options Activity

A whale with a lot of money to spend has taken a noticeably bullish stance on Citigroup.

Looking at options history for Citigroup C we detected 25 strange trades.

If we consider the specifics of each trade, it is accurate to state that 52% of the investors opened trades with bullish expectations and 48% with bearish.

From the overall spotted trades, 11 are puts, for a total amount of $1,686,435 and 14, calls, for a total amount of $1,140,413.

What's The Price Target?

Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $30.0 to $70.0 for Citigroup over the last 3 months.

Volume & Open Interest Development

In terms of liquidity and interest, the mean open interest for Citigroup options trades today is 8887.58 with a total volume of 29,455.00.

In the following chart, we are able to follow the development of volume and open interest of call and put options for Citigroup's big money trades within a strike price range of $30.0 to $70.0 over the last 30 days.

Citigroup Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:


Symbol PUT/CALL Trade Type Sentiment Exp. Date Strike Price Total Trade Price Open Interest Volume
C PUT TRADE NEUTRAL 09/15/23 $42.50 $380.0K 433 1.0K
C CALL SWEEP BEARISH 03/17/23 $47.50 $318.8K 11.0K 1.7K
C PUT TRADE BULLISH 02/17/23 $40.00 $231.6K 3.3K 2.1K
C PUT SWEEP BEARISH 12/23/22 $43.00 $231.0K 3.4K 4.3K
C PUT SWEEP BULLISH 03/17/23 $40.00 $224.7K 16.4K 1.6K

Where Is Citigroup Standing Right Now?

  • With a volume of 4,355,310, the price of C is down -1.84% at $44.8.
  • RSI indicators hint that the underlying stock is currently neutral between overbought and oversold.
  • Next earnings are expected to be released in 38 days.

What The Experts Say On Citigroup:

  • Morgan Stanley has decided to maintain their Underweight rating on Citigroup, which currently sits at a price target of $45.

Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.

If you want to stay updated on the latest options trades for Citigroup, Benzinga Pro gives you real-time options trades alerts.

Market News and Data brought to you by Benzinga APIs
Date of Trade
Strike Price
Posted In: OptionsMarketsBZI-UOA
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