Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $60.00 short call and a strike $65.00 long call offers a potential 17.65% return on risk over the next 31 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $60.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock rose above the $65.00 long call strike price.
The 5-day moving average is moving down which suggests that the short-term momentum for Citrix is bearish and the probability of a decline in share price is higher if the stock starts trending.
The 20-day moving average is moving down which suggests that the medium-term momentum for Citrix is bearish.
The RSI indicator is below 20 which suggests that the stock is in oversold territory.
To learn how to execute such a strategy while accounting for risk and reward in the context of smart portfolio management, and see how to trade live with a successful professional trader, view more here
LATEST NEWS for Citrix
Citrix Systems CEO to take leave of absence
Wed, 16 Oct 2013 22:35:31 GMT
AP – Citrix Systems Inc.'s President and CEO Mark Templeton will take a temporary leave of absence after the death of his 27-year-old son, the cloud computing company said Wednesday. David Henshall, the company's …
Citrix Systems CEO to take leave of absence
Wed, 16 Oct 2013 22:35:31 GMT
AP – Citrix Systems Inc.'s President and CEO Mark Templeton will take a temporary leave of absence after the death of his 27-year-old son, the cloud computing company said Wednesday. David Henshall, the company's …
Citrix CEO takes leave of absence due to son's death
Wed, 16 Oct 2013 22:27:37 GMT
Reuters – (Reuters) – Cloud computing software maker Citrix Systems Inc said Chief Executive Mark Templeton is taking temporary leave of absence due to the death of a family member. Templeton's son Pierce, the youngest …
Citrix CEO takes leave of absence due to son's death
Wed, 16 Oct 2013 22:27:37 GMT
Reuters – Cloud computing software maker Citrix Systems Inc said Chief Executive Mark Templeton is taking temporary leave of absence due to the death of a family member. Templeton's son Pierce, the youngest of three …
CITRIX SYSTEMS INC Files SEC form 8-K, Change in Directors or Principal Officers, Financial Statements and Exhibits
Wed, 16 Oct 2013 21:05:37 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook