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Speculative Call Buying in Citigroup (C) Gains Upside Exposure to Earnings on 10/12 & CC Write-Off Report on 10/16 -Susquehanna

August 24, 2017 2:08 PM EDT

Susquehanna options strategist Alison Edwards notes options activity highlighting speculative upside in Citigroup (NYSE: C), as an investors purchased ~8,800 Oct 72.5 Calls, gaining exposure into earnings on 10/12 and 10/16 announcement for credit card write-offs.

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