We hold eight Citi December 25 calls (CLE) acquired yesterday for 0.43. We did so on the opening, riding a market-maker bid pegged so criminally low that, even when the stock plummeted later in the day, our options lost only a nickel in value. We’ll hold onto them for now while continuing to offer eight (not four, as stated earlier) October 20 calls (CJD) short for 0.39, g-t-c. My goal for this gambit is to produce a profit of at least $800 and to have no risk in the position by Thanksgiving. We’ll likely need some help from Paulson, though, in the form of some extravagant giveaway to Citi, which otherwise is headed to the grave. Most immediately, the stock looks bound for a minimum 15.38, a Hidden Pivot that you can bottom-fish at your discretion with a very tight stop.