Bearish flow noted in Citi with 12,254 puts trading, or 1.1x expected. Most active are Oct-24 52.5 puts and Jan-25 65 calls, with total volume in those strikes near 10,900 contracts. The Put/Call Ratio is 1.92, while ATM IV is up over 1 point on the day. Earnings are expected on October 15th.
Confident Investing Starts Here:
- Easily unpack a company's performance with TipRanks' new KPI Data for smart investment decisions
- Receive undervalued, market resilient stocks right to your inbox with TipRanks' Smart Value Newsletter
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on C:
- American Airlines (NASDAQ:AAL) Slips on Credit Card Shuffle
- FDIC prposes bank rules for accounting of fintechs customer data after Synapse
- M&A News: Citigroup (NYSE:C) Sells Trust Business to JTC for $80M
- Disney, DirecTV agree to restore programming, B+L mulls sale: Morning Buzz
- Citigroup strips COO of responsibility of some work after $136M fine, FT says
Looking for a trading platform? Check out TipRanks' Best Online Brokers guide, and find the ideal broker for your trades.
Report an Issue