I only write options, I don't buy them, but if you believe Citi may move in the next week and a half, the share price is 7.47 and the Jan 6.00 call option is selling at $1.55. That's only $.08 in time value for 8 business days. If you're bullish on Citi, You may want to consider it. And even if the price stays the same, you'll be able to sell the option back with little shortfall. Of course if the share price dips, so will your value. *this is not investment advice, just pointing out a unusually low amount of time value in an option.