Mixed options sentiment in Citi (C), with shares up $2.60, or 2.81%, near $94.91. Options volume roughly in line with average with 65k contracts traded and calls leading puts for a put/call ratio of 0.45, compared to a typical level near 0.72. Implied volatility (IV30) dropped 1.45 near 25.37,and below the 52wk median, suggesting an expected daily move of $1.52. Put-call skew steepened, indicating increased demand for downside protection.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on C:
- Citi CEO visits Mexico President amid Banamex stake talks, Bloomberg says
- Crypto Currents: Bullish about to come public as SoftBank readies PayPay IPO
- Citi oversaw $1B for U.S. trust tied to Russian oligarch, Bloomberg says
- Trump Weekly: Trump calls for Intel CEO resignation, raises India tariffs
- Trump directs Federal banking regulators to remove ‘reputational risk’ guidance