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 8.7% return on risk over the next 23 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 $0.40 would be kept by the premium seller. The risk of $4.60 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.
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 Executives to Present at Upcoming Investor Conferences
Thu, 27 Feb 2014 21:45:37 GMT
noodls – SANTA CLARA, Calif.–(BUSINESS WIRE)– Citrix Systems, Inc. (NASDAQ:CTXS) today announced that executives will present at three upcoming investor conferences. Webcast presentations will be available live …
Citrix Executives to Present at Upcoming Investor Conferences
Thu, 27 Feb 2014 21:05:00 GMT
Business Wire – Citrix Systems, Inc. today announced that executives will present at three upcoming investor conferences. Webcast presentations will be available live on the investor section of the Citrix website at www.citrix.com/investors.
CITRIX SYSTEMS INC Financials
Wed, 26 Feb 2014 18:04:13 GMT
Citrix and CA Technologies Sign Agreement to Integrate NetScaler and SiteMinder
Wed, 26 Feb 2014 14:57:32 GMT
noodls – Native Integration of CA SiteMinder with NetScaler SDX Will Deliver Unified, Multi-tenant Policy Control Point for Mobile and Cloud Services SAN FRANCISCO – RSA Conference – Feb. 26, 2014 – Citrix and …
Citrix and CA Technologies Sign Agreement to Integrate NetScaler and SiteMinder
Wed, 26 Feb 2014 14:35:56 GMT
noodls – Native Integration of CA SiteMinder with NetScaler SDX Will Deliver Unified, Multi-tenant Policy Control Point for Mobile and Cloud Services SAN FRANCISCO–(BUSINESS WIRE)– Citrix and CA Technologies …
Related Posts
Also on Market Tamer…
Follow Us on Facebook