Selling $10 Citi calls?

Discussion in 'Trading' started by huh, Dec 8, 2008.

  1. huh


    What about selling some call verticals on Citi at the $10 strike. If the government has warrants around 10 then would that create a hard resistance point since above that you might get share dilution?

    I dont' totally understand how the governments warrants will affect this stock so I was hoping someone could clarify.