Check Out What Whales Are Doing With Citigroup
Portfolio Pulse from Benzinga Insights
Whale investors have shown a bearish stance on Citigroup (NYSE:C), with unusual options activity indicating a split sentiment of 30% bullish and 69% bearish. The activity focuses on a price range between $49.0 and $55.0. Notable options trades include both calls and puts, with a significant volume and open interest in this range. Citigroup, a global financial-services company, has seen its stock price slightly increase by 0.24% to $54.42. Analysts have mixed ratings on Citigroup, with price targets ranging from $56 to $95.
February 09, 2024 | 3:46 pm
News sentiment analysis
Sort by:
Ascending
NEGATIVE IMPACT
Whale investors have taken a bearish stance on Citigroup, with unusual options activity and a price target range between $49.0 and $55.0. Analysts have mixed ratings, with targets from $56 to $95.
The bearish sentiment from whale investors, indicated by the unusual options activity, suggests a potential short-term downside for Citigroup's stock. The mixed analyst ratings add uncertainty, but the bearish options trades, especially the volume and interest in puts, imply a negative outlook. The detailed options activity and the analysts' price targets provide a comprehensive view of the market sentiment towards Citigroup, influencing the stock's short-term movement.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100