Options Traders See Sideways Action In Citigroup (C)

Options traders are betting on sideways action IN Citigroup (NYSE: C) into April, according to strategist at Susquehanna.

Investors in Citigroup today sold ~30,000 April 4.5 straddles at $0.29. "These investors appear to expect shares to remain around the $4.5 level heading into April expiration," Susquehanna said.

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