Replies to post #9535 on Citigroup Inc (C)

[Theo]

Option pain is currently $4 and I suspect that we don't "open up" til after expiration Friday- Could be an interesting week next week- Wonder how many contracts are being bought and held (and by whom) not with the intent to trade the options but to exercise them after the first of the year when the price IS $5+ ;-)

[WSD]

I'm still cheering for a dip to atleast $4.50 before this shoots, but I highly doubt that's going to come anymore, unless there is reverse split declared. Closing below $4.80 and not closing near HOD, just shows that the speculated pattern for it to close near hod and steadily rising daily is non existent everyday, we may need more evidence of this as today couldve just been an abnormal day