Check Out What Whales Are Doing With Citigroup
Portfolio Pulse from Benzinga Insights
A large investor has taken a bullish stance on Citigroup (NYSE:C), with Benzinga's options scanner spotting 15 uncommon options trades. The sentiment of these big-money traders is 60% bullish and 40% bearish. Whales have been targeting a price range of $30 to $65 for Citigroup over the last 3 months.
May 30, 2023 | 2:49 pm
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A large investor's bullish stance on Citigroup (NYSE:C) has been noticed, with 60% bullish and 40% bearish sentiment among big-money traders. Whales target a $30-$65 price range for the stock.
The bullish stance taken by a large investor on Citigroup indicates that they may have information or expectations that the stock will perform well in the short term. This could lead to increased buying pressure and a potential increase in the stock price. The 60% bullish sentiment among big-money traders also supports this view. However, there is still a 40% bearish sentiment, which could limit the upside potential.
CONFIDENCE 80
IMPORTANCE 75
RELEVANCE 100