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 9.89% return on risk over the next 17 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 $0.45 would be kept by the premium seller. The risk of $4.55 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 above 80 which suggests that the stock is in overbought territory.
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LATEST NEWS for Citrix
IDC Ranks Citrix GoToAssist the #1 Remote Support Software Vendor for Sixth Consecutive Year
Wed, 30 Jul 2014 12:15:31 GMT
noodls – Expanded Mobile, Social and Integrated Multi-Channel Support Capabilities Drive Industry Differentiation SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced that Citrix GoToAssist has been named …
IDC Ranks Citrix GoToAssist the #1 Remote Support Software Vendor for Sixth Consecutive Year
Wed, 30 Jul 2014 12:00:00 GMT
Business Wire – Citrix today announced that Citrix GoToAssist has been named the global market share leader among remote support solutions — for the sixth year in a row — by leading analyst firm IDC.
Why “big data” and “virtualization” go hand in hand?
Mon, 28 Jul 2014 17:00:14 GMT
Chip Stock Cavium Eyes Growth In Data Center Market
Fri, 25 Jul 2014 19:43:00 GMT
Why Citrix Systems (CTXS) Stock Is Up Today
Thu, 24 Jul 2014 16:08:00 GMT
TheStreet – Citrix Systems (CTXS) is gaining Thursday after beating analysts' estimates for earnings and revenue in the second quarter.
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