Once Citigroup reports 4billion dollar profit, stock rises to 5.00. From there the Government will sell their 8b shares back to Citigroup, increasing valuation. Shares rise to 9.00 by the end of April. May see's 10.00 and it will hang around there until more shares are bought.
June Options look so tempting right now. Anything under 7.00 calls looks great. Or just buy the stock at this dirt cheap price. GLTA
I'm big into the $4/$5 bull spread on the Jan 2012 options. I think it is a no brainer that the stock will be $5 in a year and a half. It's a triple on your money. I even think it's less risky than buying the stock.