Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $70.00 short put and a strike $65.00 long put offers a potential 8.7% return on risk over the next 24 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $70.00 by expiration. The full premium credit of $0.40 would be kept by the premium seller. The risk of $4.60 would be incurred if the stock dropped below the $65.00 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 67.62 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Citrix
Caret pledges to smarten up your smartphone
Fri, 18 Sep 2015 17:29:55 GMT
Citrix CEO Shares 5 Digital Workplace Imperatives
Wed, 16 Sep 2015 18:15:00 GMT
Forbes – Citrix CEO discusses how to deal with digital workspace transform, BYOX and the future of work.
ETF’s with exposure to Citrix Systems, Inc. : September 16, 2015
Wed, 16 Sep 2015 17:05:08 GMT
Citrix Systems, Inc. breached its 50 day moving average in a Bullish Manner : September 16, 2015
Wed, 16 Sep 2015 14:00:35 GMT
Citrix Appoints Kimberly Martin as Vice President of Partner Strategy and Sales
Tue, 15 Sep 2015 20:19:06 GMT
noodls – Channel chief to renew Citrix commitment to partner community, roll out innovative programs and reinvigorate ecosystem SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced that Kimberly Martin …
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