Moderately bullish activity in Citi (C), with shares up $1.45, or 1.52%, near $96.47. Options volume roughly in line with average with 27k contracts traded and calls leading puts for a put/call ratio of 0.21, compared to a typical level near 0.75. Implied volatility (IV30) is higher by 0.1 points near 26.97,and below the 52wk median, suggesting an expected daily move of $1.64. Put-call skew flattened, suggesting a modestly bullish tone.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on C:
- Citi appoints BlackRock to manage $80B in assets for Wealth clients
- Citi price target raised to $105 from $99 at Truist
- Aon (AON) to Offload NFP Wealth Business Back to Madison Dearborn for Almost $3B
- Gemini IPO Targets $2.22 Billion as Winklevoss Twins Test Wall Street’s Appetite
- Citi put volume heavy and directionally bearish