C Citigroup Medium term Options

19 Mac 2023

This bank sell-off looks like a buy opportunity if you think medium to long term.

Looking at the C Citigroup options chain, I would buy the $45 strike price Calls with
2024-1-19 expiration date for about
$5.55 premium.
If the options turn out to be profitable Before the earnings release, i would sell at least 50%.

Looking forward to read your opinion about it.

31 Mac 2023

Dagangan aktif

C Citigroup reached $46.64 intraday. Calls trading at $6.20 from $5.55, when i wrote that article. Haven`t closed the position, still room to grow in my opinion.