whale alerts signal activity in citigroup and affirm holdings today

Recent trading activity has highlighted notable options movements for Citigroup and Affirm Holdings. Specifically, a large volume of 5000 contracts was executed at a $13.50 strike price, resulting in a total of $50.0K received by the writing party. This indicates a significant level of interest in these financial stocks, which are closely monitored by investors and analysts alike. In addition to the trades at the $13.50 strike, bearish call option sweeps were identified for both Citigroup and Affirm Holdings. For Citigroup, a transfer of 300 contracts at a $65.00 strike was recorded, alongside trades at $67.50 and $17.00 strikes, indicating a diverse range of investor strategies. Similarly, Affirm Holdings saw a bearish call option trade with 250 contracts at a $47.50 strike. The expiration date for these options is set for October 18, 2024, suggesting that investors are positioning themselves for potential declines in stock prices over the coming months. This sentiment is further reinforced by the bearish nature of the trades, which may reflect broader concerns about market conditions or company-specific challenges. Overall, the observed trading patterns in Citigroup and Affirm Holdings signal a cautious outlook among investors. The significant volume of contracts traded and the bearish sentiment could indicate expectations of volatility or downturns in the financial sector, prompting traders to hedge their positions accordingly.