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Citadel·Software Engineer·Technical Phone Screen·Intermediate

IntermediatePrefer not to say
Jun 2026

Summary

Citadel software engineer interview with a classic DP stock trading problem. Nothing too surprising if you've done your LC hard prep, but the constraint on k transactions is the part that trips people up.

Questions Asked (1)

Q1

Given an integer k and a prices array, find the maximum profit you can make with at most k buy-sell transactions, where you can only hold one share at a time.

Algorithms & Data Structures
Author's notes

The three-dimensional DP state is what gets you: day, number of transactions used, and whether you're currently holding.

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AI HintsAI Generated

Suggested Approach

Clarify the problem constraints and edge cases, then propose a dynamic programming solution that tracks the maximum profit for each transaction count and holding state. Optimize space and time by using rolling arrays and considering the relationship between k and the number of days.

Pro tip: Mention that if k is at least half the number of days, the problem reduces to unlimited transactions, allowing a simpler greedy solution. This shows you understand the problem's structure and can optimize accordingly.

1. Clarify requirements and edge cases

Ask about constraints: size of prices array, range of k, whether k can exceed the number of possible transactions, and if prices can be empty. Confirm that only one share can be held at a time.

2. Define DP state and recurrence

Define dp[i][j][0] as max profit up to day i with at most j transactions and no stock held, and dp[i][j][1] with stock held. Write recurrences: dp[i][j][0] = max(dp[i-1][j][0], dp[i-1][j][1] + price[i]), dp[i][j][1] = max(dp[i-1][j][1], dp[i-1][j-1][0] - price[i]).

3. Optimize space and handle large k

Reduce space to O(k) by using rolling arrays for the previous day. If k >= n/2, switch to the greedy unlimited transactions solution to avoid O(nk) time when k is large.

4. Implement and test

Code the DP with careful initialization (e.g., dp[0][j][0]=0, dp[0][j][1]=-inf). Test with edge cases: empty array, k=0, increasing/decreasing prices, and k larger than possible transactions.

5. Analyze complexity and discuss trade-offs

State time complexity O(nk) and space O(k). Discuss alternative approaches like state machine DP or divide-and-conquer if applicable, and explain why DP is suitable here.

Key Points to Mention

  • Dynamic programming with states for day, transactions used, and holding status.
  • Space optimization using rolling arrays to reduce from O(nk) to O(k).
  • Special case when k >= n/2: reduce to unlimited transactions and solve greedily in O(n).
  • Initialization details: dp[0][j][0] = 0, dp[0][j][1] = -infinity, and handling j=0.
  • Time complexity O(nk) and space complexity O(k), with trade-offs for large k.
  • Edge cases: empty prices, k=0, and prices with no profit.

AI-generated suggestions, not part of the candidate's original notes. May be inaccurate — verify before relying on them.