Citigroup, Inc.Long
C calls set to expire on Friday (5/8/2020)
Updated
I think C could make a move up to 50 or above this week. I saw some really cheap calls on C this afternoon just before market close. At a 0.03 premium, I picked up call contracts for the 52 strike set to expire 8 May 2020.
I'll be looking to sell the contracts if price makes a move to 50 or above.
I'm risking less than 1% (0.0935%) of my account balance.
I'll be looking to sell the contracts if price makes a move to 50 or above.
I'm risking less than 1% (0.0935%) of my account balance.
Trade closed: stop reached
C did not make a move to 52 this week.I let the contracts expire OTM.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.