share_log

Decoding Citigroup's Options Activity: What's the Big Picture?

Benzinga ·  Oct 25 00:50

Investors with a lot of money to spend have taken a bullish stance onCitigroup(NYSE:C).

And retail traders should know.

We noticed this today when the positions showed up on publicly available options history that we track here at Benzinga.

Whether these are institutions or just wealthy individuals, we don't know. But when something this big happens with C, it often means somebody knows something is about to happen.

Today, Benzinga's options scanner spotted 19 options trades forCitigroup.

This isn't normal.

The overall sentiment of these big-money traders is split between 52% bullish and 36%, bearish.

The above content is for informational or educational purposes only and does not constitute any investment advice related to Futu. Although we strive to ensure the truthfulness, accuracy, and originality of all such content, we cannot guarantee it.
    Write a comment