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No mention of the Governments announcement to sell 7.7 billion shares this year. Curious.

Citi options become crowd favorite


CHICAGO (Reuters) - There are active names in the options market and then there is Citigroup Inc (NYSE:C - News).

The New York-based bank has dominated options activity more than any other single equity option this past week as many investors bet its shares would keep rising.

It is the most actively traded single stock equity option this year so far and was the busiest in 2009 as well, according to the Options Clearing Corp.

"Considering how the general option volume has been light, some brokers are saying 'Citi option volume is paying the bills,'" said Henry Schwartz, president of option analytics firm Trade Alert.

OUTPERFORMANCE EXPECTED


http://finance.yahoo.com/news/Citi-options-become-crowd-rb-46600061.html?x=0&.v=1