Deep-pocketed investors have adopted a bullish approach towards Citigroup (NYSE:C), and it's something market players shouldn't ignore. Our tracking of public options records at Benzinga unveiled this significant move today. The identity of these investors remains unknown, but such a substantial move in C usually suggests something big is about to happen.

We gleaned this information from our observations today when Benzinga's options scanner highlighted 12 extraordinary options activities for Citigroup. This level of activity is out of the ordinary.

The general mood among these heavyweight investors is divided, with 66% leaning bullish and 33% bearish. Among these notable options, 3 are puts, totaling $298,765, and 9 are calls, amounting to $426,482.

Projected Price Targets

Based on the trading activity, it appears that the significant investors are aiming for a price territory stretching from $95.0 to $125.0 for Citigroup over the recent three months.

Volume & Open Interest Development

Looking at the volume and open interest is an insightful way to conduct due diligence on a stock.

This data can help you track the liquidity and interest for Citigroup's options for a given strike price.

Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Citigroup's whale activity within a strike price range from $95.0 to $125.0 in the last 30 days.

Citigroup Option Volume And Open Interest Over Last 30 Days

Biggest Options Spotted:

Symbol	PUT/CALL	Trade Type	Sentiment	Exp. Date	Ask	Bid	Price	Strike Price	Total Trade Price	Open Interest	Volume
C	PUT	SWEEP	BULLISH	03/20/26	$3.15	$3.05	$3.05	$110.00	$209.5K	13.9K	851
C	CALL	TRADE	BULLISH	01/21/28	$26.9	$26.9	$26.9	$105.00	$126.4K	462	47
C	CALL	SWEEP	BULLISH	12/15/28	$21.8	$20.8	$20.8	$125.00	$83.2K	406	40
C	PUT	SWEEP	BEARISH	04/17/26	$4.1	$4.1	$4.1	$110.00	$61.0K	331	149
C	CALL	TRADE	BULLISH	09/18/26	$13.9	$13.9	$13.9	$110.00	$34.7K	2.2K	45

About Citigroup

Citigroup is a global financial-services company doing business in more than 160 countries and jurisdictions. Citigroup's operations are organized into five primary segments: services, markets, banking, US personal banking, and wealth management. The bank's primary services include cross-border banking needs for multinational corporates, investment banking and trading, and credit card services in the United States.

In light of the recent options history for Citigroup, it's now appropriate to focus on the company itself. We aim to explore its current performance.

Present Market Standing of Citigroup

• Trading volume stands at 6,463,602, with C's price down by -0.57%, positioned at $114.3.
• RSI indicators show the stock to be is currently neutral between overbought and oversold.
• Earnings announcement expected in 77 days.

Expert Opinions on Citigroup

In the last month, 5 experts released ratings on this stock with an average target price of $133.0.

• Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Citigroup, targeting a price of $130.
• Maintaining their stance, an analyst from Oppenheimer continues to hold a Outperform rating for Citigroup, targeting a price of $144.
• Consistent in their evaluation, an analyst from Goldman Sachs keeps a Buy rating on Citigroup with a target price of $127.
• An analyst from Truist Securities has decided to maintain their Buy rating on Citigroup, which currently sits at a price target of $129.
• An analyst from Morgan Stanley persists with their Overweight rating on Citigroup, maintaining a target price of $135.

Options trading presents higher risks and potential rewards. Astute traders manage these risks by continually educating themselves, adapting their strategies, monitoring multiple indicators, and keeping a close eye on market movements.