If you’re looking for a 1:1 risk/reward trade with a skewed probability curve starting at roughly 62% chance of success to earn 100% ROI , then Citigroup is a gem in this turbulent market. Actually, we found this trade while scanning due to possibly having to close for a loss on our recent Alphabet ( GOOG ) trade due to management’s screw-up on an epic scale regarding extremist videos and advertisements on Youtube .
Anyways, here’s the trade we see:
Current stock price $58.46
Buy X Puts; 13 Apr 17 Exp ; 58.50 Strike
Sell X Puts; 13 Apr 17 Exp ; 58 Strike
Max Return on Risk/ROI: ~100%