Looking At Citigroup's Recent Unusual Options Activity
Portfolio Pulse from Benzinga Insights
Recent unusual options activity for Citigroup (NYSE:C) indicates a bullish stance from big-money investors, with 75% of trades being calls. The price target for Citigroup ranges from $30 to $66 over the next three months. The stock is currently trading at $64.92, with an upcoming earnings release in 9 days. Analysts have mixed ratings, with a consensus target price of $65.6.
July 03, 2024 | 2:03 pm
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Citigroup has seen unusual options activity with a bullish sentiment from big-money investors. The stock is currently trading at $64.92, with a price target range of $30 to $66 over the next three months. Analysts have mixed ratings, with a consensus target price of $65.6.
The unusual options activity, predominantly bullish, suggests that significant investors expect the stock to rise. The current trading price and upcoming earnings release add to the potential for short-term price movement.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100