Citigroup Ready to Move?

14 Kas 2013Shares of Citigroup have been trading in the $48-$52 range for close to the last 6 months. With the stock currently trading at $50, Citigroup has YTD performance greater than 25%. Despite the above average returns, I think the stock is getting ready for a breakout very soon. The $52.5 January options are trading at 5:1 call to put ratio and the $55 January option right now has a 3.5:1 call to put ratio.