This bank sell-off looks like a buy opportunity if you think medium to long term.
Looking at the C Citigroup options chain, I would buy the $45 strike price Calls with 2024-1-19 expiration date for about $5.55 premium. If the options turn out to be profitable Before the earnings release, i would sell at least 50%.
Looking forward to read your opinion about it.
Trade attivo
C Citigroup reached $46.64 intraday. Calls trading at $6.20 from $5.55, when i wrote that article. Haven`t closed the position, still room to grow in my opinion.
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