someone with a lot of money to spend has taken a bearish stance on citigroup c and retail traders should know we noticed this today when the big position showed up on publicly available options history that we track here at benzinga whether this is an institution or just a wealthy individual we dont know but when something this big happens with c it often means somebody knows something is about to happen so how do we know what this whale just did the overall sentiment of these bigmoney traders is split between 46 bullish and 53 bearish out of all of the special options we uncovered 17 are puts for a total amount of 3477903 and 13 are calls for a total amount of 951785 taking into account the volume and open interest on these contracts it appears that whales have been targeting a price range from 375 to 700 for citigroup over the last 3 months in terms of liquidity and interest the mean open interest for citigroup options trades today is 864326 with a total volume of 1341700 in the following chart we are able to follow the development of volume and open interest of call and put options for citigroups big money trades within a strike price range of 375 to 700 over the last 30 days citigroup option volume and open interest over last 30 days where is citigroup standing right now   with a volume of 7134981 the price of c is up 141 at 468   rsi indicators hint that the underlying stock is currently neutral between overbought and oversold   next earnings are expected to be released in 8 days what the experts say on citigroup   rbc capital has decided to maintain their outperform rating on citigroup which currently sits at a price target of 60   wells fargo has decided to maintain their overweight rating on citigroup which currently sits at a price target of 60   morgan stanley has decided to maintain their underweight rating on citigroup which currently sits at a price target of 57   piper sandler has decided to maintain their overweight rating on citigroup which currently sits at a price target of 62 options are a riskier asset compared to just trading the stock but they have higher profit potential serious options traders manage this risk by educating themselves daily scaling in and out of trades following more than one indicator and following the markets closely if you want to stay updated on the latest options trades for citigroup benzinga pro gives you realtime options trades alerts