C Citigroup Options Ahead of Earnings

If you haven`t bought the dip on Citigroup here:

Then analyzing the options chain and the chart patterns of C Citigroup prior to the earnings report this week,
I would consider purchasing the 41.50usd strike price Calls with
an expiration date of 2023-10-20,
for a premium of approximately $1.06.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.

Dagangan ditutup: sasaran tercapai:

C Citigroup at $43.30 after earnings, and the calls went up from $1.06 to more than $1.80 for a decent 70% gain!