Check Out What Whales Are Doing With Citigroup
Portfolio Pulse from Benzinga Insights
A large bearish position on Citigroup (NYSE:C) has been spotted on Benzinga's options scanner, with 24 uncommon options trades identified. The sentiment of these big-money traders is 33% bullish and 66% bearish. Whales have been targeting a price range of $22.5 to $70.0 for Citigroup over the last 3 months.
June 20, 2023 | 7:31 pm
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A large bearish position has been identified on Citigroup (NYSE:C), with big-money traders sentiment being 33% bullish and 66% bearish. Whales have targeted a price range of $22.5 to $70.0 for Citigroup over the last 3 months.
The large bearish position identified on Citigroup indicates that big-money traders are expecting the stock price to decline in the short term. With a 66% bearish sentiment among these traders, it is likely that the stock price will be negatively impacted in the short term.
CONFIDENCE 85
IMPORTANCE 80
RELEVANCE 100