9.72Open10.14Pre Close2 Volume35 Open Interest54.00Strike Price1.96KTurnover229.41%IV0.68%PremiumOct 11, 2024Expiry Date9.48Intrinsic Value100Multiplier1DDays to Expiry0.43Extrinsic Value100Contract SizeAmericanOptions Type0.9339Delta0.0181Gamma6.54Leverage Ratio-0.5169Theta0.0012Rho6.11Eff Leverage0.0040Vega
Citigroup Stock Discussion
Federal Reserve chairman Jerome Powell gave a speech yesterday night emphasizing that "Rate cuts are not on a PRE-SET PATH"
This is extremely bullish for CDL as it implies that the Federal reserve is open to rate cuts of MORE THAN 75bps for this year.
$Citigroup (C.US)$ Citi analyst has earlier this year forecasted that the Fed could potentially cut rates BY UP TO 225BPS. ( see article source here) OCBC turns defensive to ‘protect interest income’ as rate cuts loom
The signal fr...
What a time to be a long term investor!
Even for short term instruments such as money market funds are still giving decent yields at the moment.
Enjoy the ride, bulls! Take profits if you wish to :)
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