Citrix Offering Possible 5.26% Return Over the Next 32 Calendar Days

Citrix's most recent trend suggests a bearish bias. One trading opportunity on Citrix is a Bear Call Spread using a strike $62.50 short call and a strike $67.50 long call offers a potential 5.26% return on risk over the next 32 calendar days. Maximum profit would be generated if the Bear Call Spread were to expire worthless, which would occur if the stock were below $62.50 by expiration. The full premium credit of $0.25 would be kept by the premium seller. The risk of $4.75 would be incurred if the stock rose above the $67.50 long call strike price.

The 5-day moving average is moving down which suggests that the short-term momentum for Citrix is bearish and the probability of a decline in share price is higher if the stock starts trending.

The 20-day moving average is moving down which suggests that the medium-term momentum for Citrix is bearish.

The RSI indicator is at 46.08 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: Undervalued And Almost Ready For Accumulation
Tue, 17 Dec 2013 15:51:19 GMT
Seeking Alpha – Citrix Systems' ( CTXS ) third-quarter results were consistent with management's Oct. 9 revenue warning; total revenue increased 11% to $713M. As a result of the disappointing quarter, the share price …

Nimble IPO Closes Up 62%: Next Great Storage Company?
Fri, 13 Dec 2013 21:16:00 GMT
Barrons.com – Shares of Nimble Storage (NMBL) ended the day up $12.93, or 62%, at $33.93, after raising $168 million in an IPO whose price, $21, was above an expected range of $18 to $20, after filing back in late October. One could wonder whether the company left money on the table, but CEO Suresh Vasudevan was beaming when I met up with him at New York Stock Exchange this afternoon, whose exterior was decked out with a brilliant green banner with the company logo. The offering, underwritten by Goldman Sachs, Morgan Stanley, Pacific Crest Securities, William Blair, Stifel Nicolaus, Oppenheimer & Co., and Needham & Co., is also a coup for the Exchange as it adds to it's growing roster of tech deals stolen away from Nasdaq. In our last meeting, this summer, at Nimble's headquarters in San Jose, founder Varun Mehta expressed the view Nimble can be “the next great storage company” because the “incumbents” — EMC (EMC) and NetApp (NTAP) — “can't move fast enough” to catch up with trends in storage such as the proliferation of flash solid-state drives.

Citrix Honored as One of the Top Places to Work in 2014, a Glassdoor Employees' Choice Award
Wed, 11 Dec 2013 14:12:17 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– For the fourth year,Citrix has been recognized as a Best Place to Work for 2014, a Glassdoor Employees' Choice Award. The Employees' Choice Awards rely solely on …

Citrix Eyes Growth Opportunity for Virtualizing 3D CAD Apps
Wed, 11 Dec 2013 14:12:17 GMT
noodls – Enables Customers Worldwide to Extend Desktop Virtualization to Engineering, Design and Manufacturing Apps SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix today announced new customer deployments of the …

Citrix Honored as One of the Top Places to Work in 2014, a Glassdoor Employees’ Choice Award
Wed, 11 Dec 2013 13:00:00 GMT
Business Wire – For the fourth year, Citrix has been recognized as a Best Place to Work for 2014, a Glassdoor Employees’ Choice Award. The Employees’ Choice Awards rely solely on the input of empl

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