Sell Citigroup
Expecting upcoming recession and finding opportunities for PUT options in the bearish market.
Next FOMC meeting 3 May, where a rate hike of likely .5 basis will be announced. Expect a small recovery after the news and continued downward pressure towards low $40 as mid June FOMC approaches.
Next FOMC meeting 3 May, where a rate hike of likely .5 basis will be announced. Expect a small recovery after the news and continued downward pressure towards low $40 as mid June FOMC approaches.
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