OptionsRising

C - watch yellow line - swing calls or puts

OptionsRising Updated   
NYSE:C   Citigroup, Inc.
Here on the daily chart you can easily see the case for put options if stock closes below yellow line. There is one lower support on a line chart (dashed line connecting closing prices). For the bigger picture, see a long term monthly chart.
Citigroup stock can head down to 30, up to 60. Keep watch on the daily RSI. Right now indicators are leaning towards puts.
Trade active:
For a quick trade, I bought weekly 45.50 puts for $0.87
Waiting to open a swing trade
Trade closed: target reached:
Sold puts for $1.45.
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