Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $57.50 short put and a strike $52.50 long put offers a potential 13.64% return on risk over the next 25 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $57.50 by expiration. The full premium credit of $0.60 would be kept by the premium seller. The risk of $4.40 would be incurred if the stock dropped below the $52.50 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
How Facebook Is Spending Billions Buying Your Attention
Mon, 24 Feb 2014 13:09:00 GMT
Forbes – Much has been blogged, tweeted and written about Facebook’s massive 19 billion dollar acquisition of WhatsApp. It’s fascinating story that hits at the heart of the new American dream. A dream that imagines anyone with a simple idea cannot only find success, but success on gargantuan scale. Yet as a […]
Citrix Powers Data Monetization for Mobile Operators
Mon, 24 Feb 2014 11:20:48 GMT
noodls – Introduces ByteMobile Insight for Big Data Analytics BARCELONA, Spain–(BUSINESS WIRE)– Citrix today announced ByteMobile Insight, a big data analytics solution designed to provide immediate, actionable …
Citrix Announces Enterprise Mobility Management Support for Intel® Device Protection Technology
Mon, 24 Feb 2014 11:20:47 GMT
noodls – BARCELONA, Spain–(BUSINESS WIRE)– Citrix today announced support for Intel® Device Protection Technology (Intel DPT), enabling enterprises to secure and manage Intel-based Android mobile devices. Intel …
Citrix Announces Enterprise Mobility Management Support for Intel® Device Protection Technology
Mon, 24 Feb 2014 09:05:00 GMT
Business Wire – Citrix today announced support for Intel® Device Protection Technology , enabling enterprises to secure and manage Intel-based Android mobile devices. Intel DPT combined
Citrix and Samsung Deliver Android Enterprise Security on Latest Samsung Galaxy Devices
Mon, 24 Feb 2014 08:00:00 GMT
Business Wire – Citrix and Samsung Electronics Co., Ltd. today announced the availability of Citrix XenMobile™ for Samsung KNOX, delivering one of the most advanced Android security solutions for managing the latest Samsung KNOX-enabled devices.
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