Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $67.50 short put and a strike $62.50 long put offers a potential 20.48% return on risk over the next 15 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $67.50 by expiration. The full premium credit of $0.85 would be kept by the premium seller. The risk of $4.15 would be incurred if the stock dropped below the $62.50 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Citrix is bullish and the probability of a rise in share price is higher if the stock starts trending.
The 20-day moving average is moving up which suggests that the medium-term momentum for Citrix is bullish.
The RSI indicator is at 68.7 level which suggests that the stock is neither overbought nor oversold at this time.
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 to Outline Business Strategy at Synergy 2015 Financial Analyst Meeting
Tue, 28 Apr 2015 20:42:18 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix Systems, Inc. (Nasdaq: CTXS), today announced that it will host a Financial Analyst Meeting for investors and analysts on Tuesday, May 12, 2015 from 12:00 …
Citrix to Outline Business Strategy at Synergy 2015 Financial Analyst Meeting
Tue, 28 Apr 2015 20:11:00 GMT
Business Wire – Citrix Systems, Inc. , today announced that it will host a Financial Analyst Meeting for investors and analysts on Tuesday, May 12, 2015 from 12:00 p.m. to 4:30 p.m. Eastern Time.
Citrix Executives to Present at Upcoming Investor Conferences
Tue, 28 Apr 2015 20:00:28 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix Systems, Inc. (NASDAQ:CTXS) today announced that executives will attend two upcoming investor conferences. David Henshall, chief operations officer and chief …
Citrix Executives to Present at Upcoming Investor Conferences
Tue, 28 Apr 2015 19:46:00 GMT
Business Wire – Citrix Systems, Inc. today announced that executives will attend two upcoming investor conferences.
Citrix Falling Short May Spur Activist, Breakup Talk: Real M&A
Mon, 27 Apr 2015 21:15:36 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook