Investors Flock to Citigroup Call Options

Traders purchase 93,383 call options on Citigroup stock, a 25% increase over typical volume.

Published on Mar. 9, 2026

Citigroup Inc. (NYSE:C) saw unusually high options trading activity on Monday, with traders purchasing 93,383 call options on the stock. This represents a 25% increase compared to the typical volume of 74,620 call options. The increased options activity comes amid a series of positive analyst reports on Citigroup, with several firms reiterating 'buy' or 'outperform' ratings and raising their price targets on the stock.

Why it matters

The surge in call option purchases suggests investors are bullish on Citigroup's near-term prospects and expect the stock price to rise. This could indicate growing confidence in the company's financial performance and outlook, which could translate to higher stock prices if the positive sentiment continues.

The details

Analysts at firms like UBS Group, Oppenheimer, Wolfe Research, and JPMorgan Chase & Co. have all issued positive reports on Citigroup in recent weeks. The analysts have reaffirmed 'buy' or 'outperform' ratings on the stock and raised their price targets, citing factors like the company's diversified business model, strong capital position, and potential for growth.

  • The options trading activity occurred on Monday, March 9, 2026.
  • Citigroup released its latest quarterly earnings on Wednesday, January 14, 2026.

The players

Citigroup Inc.

A global financial services company headquartered in New York City with roots tracing back to the City Bank of New York, founded in 1812. Citigroup provides a broad range of banking and financial products and services to consumers, corporations, governments and institutions worldwide.

UBS Group

A Swiss multinational investment bank and financial services company that has issued a 'neutral' rating and $132.00 price target on Citigroup shares.

Oppenheimer

An American investment bank that has increased its price target on Citigroup shares to $144.00 and maintained an 'outperform' rating.

Wolfe Research

An independent equity research firm that has reissued an 'outperform' rating and $141.00 target price on Citigroup.

JPMorgan Chase & Co.

A multinational investment bank that has raised its price target on Citigroup shares to $134.00 and maintained an 'overweight' rating.

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