How Do Options Traders View Citigroup Job Cuts?

Dec. 5 (Bloomberg) -- Todd Horwitz, chief strategist at Adam Mesh Trading Group, discusses the options trade on Citigroup after the company announced 11,000 job cuts. He speaks on Bloomberg Television's "Lunch Money."

BNP Paribas Rides Bond Trading Surge to Profit Beat
53:51 - BNP Paribas reported second-quarter profit that topped analysts' estimates on a surge in bond trading that outweighed a fall in equities. Bloomberg's Caroline Connan recaps her interview with Chief Financial Officer Lars Machenil on "Bloomberg ‹GO›." (Source: Bloomberg)
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