Jan. 13 at 3:26 PM
$C Option 1: The High-Probability Bull Call Spread (Recommended)
BUY: 1x Jan 16
$117.00 Call
SELL: 1x Jan 16
$122.00 Call
Estimated Net Debit:
$2.15 –
$2.30 (
$215–
$230 per spread).
Why: If Citi beats and rallies just 3% to
$120, this spread will increase in value by ~40%. By selling the
$122 Call, you protect yourself against the "IV Crush" that killed your GBX and SIFY plays.
Option 2: The "Lotto" Ticket (Aggressive)
BUY: Citigroup Jan 16
$120.00 Call
Estimated Cost:
$1.45 (
$145 per contract).
Risk: High. If Citi is flat tomorrow, this contract will lose 50% of its value by 10:00 AM.