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Options Expiration Friday

Posted on 14 April 2009 by BobL

Citi has been a great story to follow. Active, volatile, speculative.

With options expiration coming on Friday, I would tend to believe that there will be a run to a strike price. Where do the most market makers get out clean (by clean I mean a tidy profit)? $4.00

However, there is a wrench thrown into this wheel. Citi reports earnings before the open on Friday.  Tough one to play.

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