Citigroup's most recent trend suggests a bullish bias. One trading opportunity on Citigroup is a Bull Put Spread using a strike $55.00 short put and a strike $50.00 long put offers a potential 5.49% return on risk over the next 11 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $55.00 by expiration. The full premium credit of $0.26 would be kept by the premium seller. The risk of $4.74 would be incurred if the stock dropped below the $50.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Citigroup is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Citigroup is bullish.
The RSI indicator is at 67.53 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
This could be one of the best buys for 2015
Wed, 10 Dec 2014 11:00:00 GMT
Talking Numbers – http://l.yimg.com/hv/api/res/1.2/fFhAdUYB8mKmX_15VPiNiQ–/YXBwaWQ9eWZpbmFuY2U7aD0zMTt3PTQy/http://l.yimg.com/os/en-US/video/video.pd2upload.com/video.tncnbc.com@11d0c78c-bce9-3899-885c-281174203f86_FULL.jpg
Citi Recognized with ‘Bank of the Year for Futures and Options’ Award
Wed, 10 Dec 2014 08:00:00 GMT
Citi Recognized with ‘Bank of the Year for Futures and Options’ Award
Wed, 10 Dec 2014 08:00:00 GMT
Business Wire – Citi was named “Best Bank of the Year” by Futures and Options World , the global derivatives publication, for the second year in a row. The awards were decided by a panel of industry experts based on client input.
Citi’s Stock Gets Lost in Transition
Wed, 10 Dec 2014 06:29:12 GMT
The Wall Street Journal – Citigroup’s surprise announcement of $2.7 billion in fourth-quarter legal charges caps off a year of unexpected setbacks that have damaged confidence in management’s guidance and cast a shadow over the …
Bank of America, Citi Give Weak Outlooks for Trading Revenue
Wed, 10 Dec 2014 06:28:44 GMT
The Wall Street Journal – Bank of America Corp. and Citigroup Inc. both disappointed investors, giving weak outlooks for trading revenue.
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