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 28 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 at 68.35 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
Why Cisco thinks investing billions in China will spur growth despite tensions
Thu, 18 Jun 2015 19:56:16 GMT
Cloud Computing Is a War, So Invest in the Arms Dealers
Thu, 18 Jun 2015 17:40:00 GMT
The free advice of activist investors is worth plenty to shareholders
Wed, 17 Jun 2015 15:21:02 GMT
VMware eyes revival with push into a hot business
Tue, 16 Jun 2015 00:05:01 GMT
Fortune – VMware, a company primarily known for data center technology, wants to branch out and make a name for itself in business mobility.
$3.14 billion software company Citrix is in ‘a constant state of upheaval' and executives keep leaving
Mon, 15 Jun 2015 23:29:00 GMT
Related Posts
Also on Market Tamer…
Follow Us on Facebook