Citigroup Unusual Options Activity For October 03
Portfolio Pulse from Benzinga Insights
A significant bearish stance has been taken on Citigroup (NYSE:C) by a large investor, as indicated by unusual options activity. The sentiment among these big-money traders is split between 33% bullish and 66% bearish. The whales have been targeting a price range from $35.0 to $60.0 for Citigroup over the last 3 months. Various financial institutions have maintained their ratings on Citigroup, with price targets ranging from $41 to $81.
October 03, 2023 | 5:31 pm
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Unusual options activity indicates a significant bearish stance on Citigroup. The sentiment among big-money traders is more bearish than bullish. Price targets from various financial institutions range from $41 to $81.
The unusual options activity, with a significant bearish stance, indicates that large investors are expecting Citigroup's stock price to decrease. This could potentially lead to a short-term decrease in the stock price. The price targets set by various financial institutions provide a range of expectations for the stock's performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100