If Citi can close above 20.48 for two straight days, I’d infer it’s capable of getting to at least 23.61 in this manic burst. That would represent a near-doubling of the stock’s price since it bottomed last Friday. Let’s try to cautiously leg on a calendar spread, bidding 0.57 for eight December 25 calls (CLE), good on the opening only. If the order doesn’t fill, lower the bid to 0.41 and leave it in for the rest of the day. UPDATE: Our bid on the opening allowed us to participate in the wholesale rape of retail customers who’d placed orders to sell at-the-market. We are the proud owners of eight December 25 calls for 0.43, the so-far low of the day. Now let’s try to reduce our cost basis, offering four October 20 calls (CJD) short for 0.39, day order.