Decoding Citigroup's Options Activity: What's the Big Picture?
Portfolio Pulse from Benzinga Insights
Deep-pocketed investors are showing a bullish sentiment towards Citigroup (NYSE:C) with significant options activity. Benzinga's options scanner highlighted 21 extraordinary options activities, with 71% leaning bullish. The predicted price range for Citigroup is between $40.0 and $70.0. Analysts have mixed ratings, with a consensus target price of $70.6.
July 29, 2024 | 4:45 pm
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Significant options activity indicates a bullish sentiment towards Citigroup. The predicted price range is between $40.0 and $70.0. Analysts have mixed ratings with a consensus target price of $70.6.
The substantial options activity, with 71% of trades being bullish, suggests that investors expect Citigroup's stock price to rise. The predicted price range and analysts' target prices support this sentiment.
CONFIDENCE 85
IMPORTANCE 90
RELEVANCE 100