Odds are good for rate increase
Bought CFG bear spread (sold 1 Jan20 35 call; bought 1 Jan20 40 call) for -1.37 (credit). I think stock is overbought and Value Line dropped it's rank from 3 to 4 FWIW...
I'm looking for it to fill gap around 33.
CHART OF THE DAY 1-27-2016 BUY $CFG at $20.36