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Mixed options sentiment in Citi with shares up 0.57%

Mixed options sentiment in Citi (C), with shares up 48c, or 0.57%, near $86.06. Options volume relatively light with 32k contracts traded and puts leading calls for a put/call ratio of 1.25, compared to a typical level near 0.77. Implied volatility (IV30) dropped 0.3 near 28.57,and above the 52wk median, suggesting an expected daily move of $1.55. Put-call skew steepened, indicating increased demand for downside protection.Looking ahead: Citi (C) will report earnings before the open on 2025-07-15.Option markets are pricing in a 50% probability of a move greater than 3.72% or $3.20.

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