Citrix (CTXS) Offering Possible 12.36% Return Over the Next 37 Calendar Days

Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $95.00 short call and a strike $100.00 long call offers a potential 12.36% return on risk over the next 37 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $95.00 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock rose above the $100.00 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.

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LATEST NEWS for Citrix

Citrix Systems Inc (CTXS) CEO & PRESIDENT David J Henshall Sold $597,881 of Shares
Mon, 05 Aug 2019 18:15:19 +0000
CEO & PRESIDENT of Citrix Systems Inc (30-Year Financial, Insider Trades) David J Henshall (insider trades) sold 6,353 shares of CTXS on 08/01/2019 at an average price of $94.11 a share. Continue reading…

Citrix Executives to Present at Upcoming Investor Conferences
Fri, 02 Aug 2019 20:20:00 +0000
Citrix Systems, Inc. (CTXS) today announced that executives will attend two upcoming investor conferences. Jessica Soisson, interim chief financial officer, will present at the Oppenheimer Technology, Internet and Communications Conference in Boston on August 6 at 9:05 a.m. Eastern. PJ Hough, executive vice president and chief product officer, will present at the Citi 2019 Global Technology Conference in New York on September 5 at 3:40 p.m. Eastern.

Edited Transcript of CTXS earnings conference call or presentation 24-Jul-19 8:45pm GMT
Fri, 26 Jul 2019 06:52:25 +0000
Q2 2019 Citrix Systems Inc Earnings Call

Citrix Analyst: ‘Near-Term Pain For Long-Term Gain'
Thu, 25 Jul 2019 17:22:20 +0000
Citrix's transition to focus on a subscription model is progressing faster than expected across its major business units and this was evident in Wednesday's earnings report, Ives wrote in a note. Ives said a shift towards a more visible business model is encouraging and the company deserves credit for its execution so far.

Citrix (CTXS) Earnings and Revenues Miss Estimates in Q2
Thu, 25 Jul 2019 11:35:11 +0000
Citrix (CTXS) benefits from solid adoption of unified workspace solutions & rising customer base.

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