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pj19 (20.87)

July 2009



Citigroup Options Speculation

July 09, 2009 – Comments (1) | RELATED TICKERS: C

So Citigroup's earnings release is Friday, July 17 at 12.00pm eastern.  Options expiration for July is at 4pm.  As part of my recent foray into stock option exploration (read: speculation) I have bought some cheap $2 puts and $3 calls for that day.  Not exactly a logn straddle but the underlining strategy is the same: I am betting on some volatility in Citigroup's stock price.  What do you guys think?  

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