Behind the Scenes of Citigroup's Latest Options Trends
Portfolio Pulse from Benzinga Insights
Recent options trading activity for Citigroup (NYSE:C) shows a bearish sentiment among big-money investors, with 58% of trades being bearish. The trading activity includes 12 uncommon options trades, with a focus on a price range between $50.0 and $70.0. Citigroup's stock is currently down 2.15% at $59.33, and RSI indicators suggest it may be approaching overbought territory.
September 06, 2024 | 4:31 pm
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Citigroup's recent options trading activity indicates a bearish sentiment among large investors, with 58% of trades being bearish. The stock is currently down 2.15% at $59.33, and RSI indicators suggest it may be approaching overbought territory.
The article highlights a significant bearish sentiment in Citigroup's options trading, with 58% of trades being bearish. This suggests that large investors expect the stock to decline. The stock is already down 2.15%, and RSI indicators suggest it may be overbought, which could lead to further declines.
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