C Citigroup Options Ahead of Earnings

Jan 14

If you haven`t bought C before the breakout:

Now analyzing the options chain and the chart patterns of C Citigroup prior to the earnings report this week,
I would consider purchasing the 70usd strike price Calls with
an expiration date of 2025-4-17,
for a premium of approximately $6.25.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Jan 24

Trade closed: target reached

C Citigroup traded at $82.77 today, and the calls increased from $6.25 (when I wrote this article) to $13.20 at the close, resulting in a solid 2.11X gain!