Smart Money Is Betting Big In Citigroup Options
Portfolio Pulse from Benzinga Insights
Whales are showing a bearish stance on Citigroup with significant options trades. 51% of trades are bearish, with a focus on a price range of $42.5 to $75. Analysts have mixed ratings, with target prices ranging from $64 to $92.
October 18, 2024 | 8:45 pm
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Citigroup is experiencing significant bearish sentiment in options trading, with 51% of trades being bearish. Analysts have mixed ratings, with target prices ranging from $64 to $92.
The article highlights a bearish sentiment among large investors in Citigroup's options market, with 51% of trades being bearish. This suggests a potential short-term negative impact on Citigroup's stock price. Additionally, analysts have provided mixed ratings, with target prices ranging from $64 to $92, indicating uncertainty in the stock's future performance.
CONFIDENCE 90
IMPORTANCE 80
RELEVANCE 100