Citigroup's most recent trend suggests a bullish bias. One trading opportunity on Citigroup is a Bull Put Spread using a strike $49.50 short put and a strike $44.50 long put offers a potential 8.23% return on risk over the next 9 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $49.50 by expiration. The full premium credit of $0.38 would be kept by the premium seller. The risk of $4.62 would be incurred if the stock dropped below the $44.50 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 53.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citigroup
Sovereign Credit Default Swap Trading And The European Commission Ban On Short Sales, 2010-2013
Fri, 14 Feb 2014 03:02:26 GMT
Citi Introduces New Way to Use ThankYou® Points
Thu, 13 Feb 2014 17:00:00 GMT
Business Wire – Citi ThankYou Rewards members now have two new ways to use their Citi ThankYou® Points – either for an account credit to cover a recent purchase, or to make a donation to charity. With ThankYou Select and Credit, available ThankYou Points can be used to cover purchases in certain categories made with an eligible consumer Citi credit card that participates in ThankYou Rewards.
But we had such good times together: Citigroup analyst kicks off Travelers coverage with a ‘sell'
Thu, 13 Feb 2014 16:53:00 GMT
Lean times for investment banks put rates desks under fire
Thu, 13 Feb 2014 15:00:19 GMT
Banks association drops lawsuit against Volcker Rule, NY Times reports
Thu, 13 Feb 2014 11:52:49 GMT
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