C240517C00040000 Option on Citigroup
| C Stock | USD 61.78 0.16 0.26% |
Citigroup's latest option contracts expiring on 2024-06-14 are carrying combined implied volatility of 27.62 with a put-to-call open interest ratio of 0.9 over 62 outstanding agreements suggesting investors are buying slightly more calls than puts on contracts expiring on 2024-06-14. The current put volume is at 4.1 K, with calls trading at the volume of 12.2 K. This yields a 0.33 put-to-call volume ratio.
Open Interest Against 2024-06-14 Option Contracts
2024-06-14
The chart above shows Citigroup's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Citigroup's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Citigroup's option, there is no secondary market available for investors to trade.
Citigroup Maximum Pain Price across 2024-06-14 Option Contracts
Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Citigroup close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Citigroup's option chain provides insight into all available option contracts written on Citigroup's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Citigroup's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Citigroup option contract.
In The Money vs. Out of Money Option Contracts on Citigroup
Analyzing Citigroup's in-the-money options over time can help investors to take a profitable long position in Citigroup regardless of its overall volatility. This is especially true when Citigroup's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Citigroup's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Citigroup's stock while costing only a fraction of its price.
Citigroup's stock options are financial instruments that give investors the right to buy or sell shares of Citigroup common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Citigroup stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Citigroup's stock price goes up or down, the stock options follow.
At present, Citigroup's Common Stock is projected to decrease significantly based on the last few years of reporting. The current year's Common Stock Total Equity is expected to grow to about 50.4 M, whereas Common Stock Shares Outstanding is forecasted to decline to about 1.3 B. Citigroup In The Money Call Balance
When Citigroup's strike price is surpassing the current stock price, the option contract against Citigroup stock is said to be in the money. When it comes to buying Citigroup's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Citigroup are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Citigroup Current Options Market Mood
Citigroup's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Citigroup Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Citigroup's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Citigroup's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction. Using current Citigroup's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.
Rule 16 of the current Citigroup contract
Base on the Rule 16, the options market is currently suggesting that Citigroup will have an average daily up or down price movement of about 1.73% per day over the life of the 2024-06-14 option contract. With Citigroup trading at USD 61.78, that is roughly USD 1.07. If you think that the market is fully incorporating Citigroup's daily price movement you should consider buying Citigroup options at the current volatility level of 27.62%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Citigroup |
Purchasing Citigroup options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Citigroup calls. Remember, the seller must deliver Citigroup stock to the call owner when a call is exercised.
Citigroup Option Chain
When Citigroup's strike price is surpassing the current stock price, the option contract against Citigroup stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
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Citigroup's option chain is a display of a range of information that helps investors for ways to trade options on Citigroup. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Citigroup. It also shows strike prices and maturity days for a Citigroup against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Delta | Gamma | Open Int | Expiration | Current Spread | Last Price | |||
Call | 2024-06-14 CALL at $35.0 | 0.9853 | 0.0021 | 0 | 2024-06-14 | 25.15 - 28.6 | 0.0 | In |
Call | 2024-06-14 CALL at $40.0 | 0.9578 | 0.0053 | 0 | 2024-06-14 | 20.75 - 22.1 | 0.0 | In |
Call | 2024-06-14 CALL at $45.0 | 0.9583 | 0.0074 | 0 | 2024-06-14 | 15.7 - 17.0 | 17.3 | In |
Call | 2024-06-14 CALL at $49.0 | 0.9716 | 0.0082 | 0 | 2024-06-14 | 11.65 - 14.1 | 0.0 | In |
Call | 2024-06-14 CALL at $50.0 | 0.9764 | 0.0081 | 2 | 2024-06-14 | 11.7 - 12.0 | 12.25 | In |
Call | 2024-06-14 CALL at $51.0 | 0.9321 | 0.0157 | 0 | 2024-06-14 | 9.8 - 11.05 | 0.0 | In |
Call | 2024-06-14 CALL at $52.0 | 0.9271 | 0.018 | 0 | 2024-06-14 | 9.4 - 10.05 | 0.0 | In |
Call | 2024-06-14 CALL at $53.0 | 0.9423 | 0.0185 | 0 | 2024-06-14 | 8.25 - 8.95 | 9.25 | In |
Call | 2024-06-14 CALL at $54.0 | 0.7908 | 0.0247 | 0 | 2024-06-14 | 6.0 - 9.3 | 0.0 | In |
Call | 2024-06-14 CALL at $55.0 | 0.9061 | 0.0295 | 0 | 2024-06-14 | 5.8 - 7.05 | 7.3 | In |
Call | 2024-06-14 CALL at $56.0 | 0.8568 | 0.0377 | 0 | 2024-06-14 | 4.7 - 7.8 | 0.0 | In |
Call | 2024-06-14 CALL at $57.0 | 0.9125 | 0.0421 | 4 | 2024-06-14 | 4.8 - 5.1 | 5.15 | In |
Call | 2024-06-14 CALL at $58.0 | 0.8516 | 0.0597 | 41 | 2024-06-14 | 2.74 - 4.1 | 3.97 | In |
Call | 2024-06-14 CALL at $59.0 | 0.8432 | 0.0824 | 37 | 2024-06-14 | 2.0 - 3.6 | 3.04 | In |
Call | 2024-06-14 CALL at $60.0 | 0.7555 | 0.1153 | 638 | 2024-06-14 | 1.88 - 2.49 | 2.2 | In |
Call | 2024-06-14 CALL at $61.0 | 0.6546 | 0.1746 | 1479 | 2024-06-14 | 1.27 - 1.32 | 1.37 | In |
Call | 2024-06-14 CALL at $62.0 | 0.4679 | 0.1922 | 1350 | 2024-06-14 | 0.72 - 0.74 | 0.73 | Out |
Call | 2024-06-14 CALL at $63.0 | 0.2892 | 0.1645 | 1989 | 2024-06-14 | 0.35 - 0.37 | 0.37 | Out |
Call | 2024-06-14 CALL at $64.0 | 0.1462 | 0.1133 | 1636 | 2024-06-14 | 0.15 - 0.17 | 0.15 | Out |
Call | 2024-06-14 CALL at $65.0 | 0.0743 | 0.0658 | 976 | 2024-06-14 | 0.06 - 0.07 | 0.07 | Out |
Call | 2024-06-14 CALL at $66.0 | 0.0347 | 0.0346 | 415 | 2024-06-14 | 0.03 - 0.04 | 0.03 | Out |
Call | 2024-06-14 CALL at $67.0 | 0.013 | 0.0151 | 1071 | 2024-06-14 | 0.01 - 0.03 | 0.01 | Out |
Call | 2024-06-14 CALL at $68.0 | 0.0157 | 0.0145 | 3442 | 2024-06-14 | 0.01 - 0.02 | 0.02 | Out |
Call | 2024-06-14 CALL at $69.0 | 0.0103 | 0.0094 | 36 | 2024-06-14 | 0.01 - 0.03 | 0.01 | Out |
Call | 2024-06-14 CALL at $70.0 | 0.0161 | 0.0113 | 231 | 2024-06-14 | 0.0 - 0.02 | 0.02 | Out |
Call | 2024-06-14 CALL at $72.0 | 0.008 | 0.0056 | 397 | 2024-06-14 | 0.0 - 0.02 | 0.01 | Out |
Put | 2024-06-14 PUT at $76.0 | -0.9028 | 0.0185 | 0 | 2024-06-14 | 12.2 - 14.6 | 0.0 | In |
Put | 2024-06-14 PUT at $75.0 | -0.9624 | 0.0126 | 0 | 2024-06-14 | 12.1 - 13.3 | 0.0 | In |
Put | 2024-06-14 PUT at $74.0 | -0.8053 | 0.0236 | 0 | 2024-06-14 | 11.0 - 13.35 | 0.0 | In |
Put | 2024-06-14 PUT at $73.0 | -0.9434 | 0.0181 | 0 | 2024-06-14 | 11.0 - 11.35 | 0.0 | In |
Put | 2024-06-14 PUT at $72.0 | -0.9269 | 0.0253 | 0 | 2024-06-14 | 8.1 - 10.4 | 0.0 | In |
Put | 2024-06-14 PUT at $71.0 | -0.7919 | 0.0298 | 0 | 2024-06-14 | 8.1 - 10.25 | 0.0 | In |
Put | 2024-06-14 PUT at $70.0 | -0.8622 | 0.0328 | 0 | 2024-06-14 | 7.05 - 10.25 | 0.0 | In |
Put | 2024-06-14 PUT at $69.0 | -0.7557 | 0.0353 | 0 | 2024-06-14 | 5.1 - 8.4 | 0.0 | In |
Put | 2024-06-14 PUT at $68.0 | -0.7681 | 0.0409 | 1 | 2024-06-14 | 5.25 - 7.15 | 5.52 | In |
Put | 2024-06-14 PUT at $67.0 | -0.7407 | 0.0456 | 0 | 2024-06-14 | 4.0 - 6.25 | 4.94 | In |
Put | 2024-06-14 PUT at $66.0 | -0.9244 | 0.0512 | 2 | 2024-06-14 | 2.8 - 4.3 | 4.34 | In |
Put | 2024-06-14 PUT at $65.0 | -0.6892 | 0.0612 | 160 | 2024-06-14 | 2.83 - 4.3 | 2.93 | In |
Put | 2024-06-14 PUT at $64.0 | -0.7804 | 0.1088 | 430 | 2024-06-14 | 2.08 - 2.54 | 2.11 | In |
Put | 2024-06-14 PUT at $63.0 | -0.7263 | 0.1724 | 803 | 2024-06-14 | 1.5 - 1.55 | 1.38 | In |
Put | 2024-06-14 PUT at $62.0 | -0.5355 | 0.2053 | 1875 | 2024-06-14 | 0.87 - 0.89 | 0.88 | In |
Put | 2024-06-14 PUT at $61.0 | -0.3348 | 0.1865 | 1531 | 2024-06-14 | 0.44 - 0.47 | 0.44 | Out |
Put | 2024-06-14 PUT at $60.0 | -0.1837 | 0.1289 | 1109 | 2024-06-14 | 0.2 - 0.21 | 0.21 | Out |
Put | 2024-06-14 PUT at $59.0 | -0.0949 | 0.0763 | 853 | 2024-06-14 | 0.09 - 0.1 | 0.1 | Out |
Put | 2024-06-14 PUT at $58.0 | -0.0492 | 0.0424 | 194 | 2024-06-14 | 0.05 - 0.06 | 0.05 | Out |
Put | 2024-06-14 PUT at $57.0 | -0.0288 | 0.0247 | 696 | 2024-06-14 | 0.03 - 0.04 | 0.03 | Out |
Put | 2024-06-14 PUT at $56.0 | -0.0248 | 0.0185 | 167 | 2024-06-14 | 0.02 - 0.03 | 0.03 | Out |
Put | 2024-06-14 PUT at $55.0 | -0.0218 | 0.0144 | 331 | 2024-06-14 | 0.01 - 0.03 | 0.03 | Out |
Put | 2024-06-14 PUT at $54.0 | -0.0084 | 0.0065 | 279 | 2024-06-14 | 0.01 - 0.02 | 0.01 | Out |
Put | 2024-06-14 PUT at $53.0 | -0.0075 | 0.0052 | 230 | 2024-06-14 | 0.01 - 0.03 | 0.01 | Out |
Put | 2024-06-14 PUT at $52.0 | -0.0068 | 0.0043 | 437 | 2024-06-14 | 0.0 - 0.05 | 0.01 | Out |
Put | 2024-06-14 PUT at $50.0 | -0.0058 | 0.0031 | 2139 | 2024-06-14 | 0.0 - 0.01 | 0.01 | Out |
Put | 2024-06-14 PUT at $35.0 | -0.0396 | 0.0038 | 1 | 2024-06-14 | 0.0 - 0.01 | 0.41 | Out |
Citigroup Selling And Marketing Expenses Over Time
Selling And Marketing Expenses |
| Timeline |
Citigroup Total Stockholder Equity
Total Stockholder Equity |
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Citigroup Corporate Directors
| Diana Taylor | Independent Director | Profile | |
| Peter Henry | Independent Director | Profile | |
| Ellen Costello | Independent Director | Profile | |
| Deborah Wright | Independent Director | Profile |
Additional Information and Resources on Investing in Citigroup Stock
When determining whether Citigroup offers a strong return on investment in its stock, a comprehensive analysis is essential. The process typically begins with a thorough review of Citigroup's financial statements, including income statements, balance sheets, and cash flow statements, to assess its financial health. Key financial ratios are used to gauge profitability, efficiency, and growth potential of Citigroup Stock. Outlined below are crucial reports that will aid in making a well-informed decision on Citigroup Stock:Check out Trending Equities to better understand how to build diversified portfolios, which includes a position in Citigroup. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in main economic indicators. For information on how to trade Citigroup Stock refer to our How to Trade Citigroup Stock guide.You can also try the Price Ceiling Movement module to calculate and plot Price Ceiling Movement for different equity instruments.
Is Diversified Banks space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Citigroup. If investors know Citigroup will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Citigroup listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth (0.28) | Dividend Share 2.1 | Earnings Share 3.43 | Revenue Per Share 36.239 | Quarterly Revenue Growth (0.05) |
The market value of Citigroup is measured differently than its book value, which is the value of Citigroup that is recorded on the company's balance sheet. Investors also form their own opinion of Citigroup's value that differs from its market value or its book value, called intrinsic value, which is Citigroup's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Citigroup's market value can be influenced by many factors that don't directly affect Citigroup's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Citigroup's value and its price as these two are different measures arrived at by different means. Investors typically determine if Citigroup is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Citigroup's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.