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9 pts

Opinion on  Citigroup Inc (C)     Sector: Financial  >  Industry: Money Center Banks
LONG, then sell Jan covered call.

Jan 04, 2007 06:49 PM GMT
3
sax
Return Risk
+15.84% HIGH
Analyst

Citigroup recieved recent upgrades and price target to $60 from Barron's.


Buy at $55 or below and sell JAN $55 calls CAK.X for $1.50  Collect $1.50 premium. 


2nd idea: sell the covered $55 FEB Calls, CBK.X for $2. Collect $2.00 premium.


3rd idea: Buy at $55 or below and recieve divi in Feb and price appreciation to target $60.


C:  This call was made on 01/04/07 @ $54.86
Rating:   Positive   $54.86 (01/04/07)
Gain/Loss:   -46.99% in 1971 days (+3.94% from dividend)
Target:   $0.00 (n/a) in < two weeks
Allocation:   60.5% of portfolio


+ Referring to this analysis:


Comments (3)

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ozipek   N/A     1 point   commented 421 days ago reply

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Your Comment

Who voted on this idea?
Blue_hills
jimster 24% 01/08/2007
Bauer24
demo24 61% 01/05/2007


Ratings referring to this analysis Agree     Disagree

Positive
Bauer24
Still Bullish
demo24 01/05/2007
1


ROCK-STAR INVESTORS
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1 21.10 +34.36% 531
2 18.14 +36.28% 286
3 17.66 +23.07% 83
4 13.47 +13.37% 69
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