Wednesday, April 20, 2016

New Call Position in Citigroup

KDK Options has purchased a Jun Citigroup $50.00 call option. The cost of the option was $0.58 before commissions and fees. The stock closed the day at $46.74. The goal of the trade is $2.00. Some of the reasons for the trade are below:

- Bank breakout
- Room for Citigroup to move up


** This blog is used for informational purposes only. It should not be used as a recommendation to buy or sell any security. Do your own due diligence before trading or investing. **
Be sure to also check out our stock page, KDK Fund.

No comments:

Post a Comment