Citrix (CTXS) Offering Possible 12.36% Return Over the Next 36 Calendar Days

Citrix’s most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $87.50 short put and a strike $82.50 long put offers a potential 12.36% return on risk over the next 36 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $87.50 by expiration. The full premium credit of $0.55 would be kept by the premium seller. The risk of $4.45 would be incurred if the stock dropped below the $82.50 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 below 20 which suggests that the stock is in oversold 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

IT and HR: A Not so Odd Couple
Tue, 13 Aug 2019 12:30:00 +0000
Citrix Systems, Inc. (CTXS) It’s been said that happy employees equal happy customers. According to a new podcast published on the Briefings Direct Network, in joining forces, the functions can cut the noise and distractions that have employees down and create a superior work experience that boosts satisfaction, productivity, and overall business results.

The $200K Club: NetApp’s median employee gets a pay boost to join the salary ranks of Google, Netflix and Facebook
Tue, 13 Aug 2019 11:00:00 +0000
NetApp Inc. this year paid its median employee just shy of $200,000 — a level that puts it on par with some of Silicon Valley’s biggest companies and represents a 26 percent jump, year-over-year.

Citrix Systems Inc (CTXS) CEO & PRESIDENT David J Henshall Sold $597,881 of Shares
Mon, 05 Aug 2019 18:15:19 +0000
CEO & PRESIDENT of Citrix Systems Inc (30-Year Financial, Insider Trades) David J Henshall (insider trades) sold 6,353 shares of CTXS on 08/01/2019 at an average price of $94.11 a share. Continue reading…

Citrix Executives to Present at Upcoming Investor Conferences
Fri, 02 Aug 2019 20:20:00 +0000
Citrix Systems, Inc. (CTXS) today announced that executives will attend two upcoming investor conferences. Jessica Soisson, interim chief financial officer, will present at the Oppenheimer Technology, Internet and Communications Conference in Boston on August 6 at 9:05 a.m. Eastern. PJ Hough, executive vice president and chief product officer, will present at the Citi 2019 Global Technology Conference in New York on September 5 at 3:40 p.m. Eastern.

Edited Transcript of CTXS earnings conference call or presentation 24-Jul-19 8:45pm GMT
Fri, 26 Jul 2019 06:52:25 +0000
Q2 2019 Citrix Systems Inc Earnings Call

Be Sociable, Share!

Related Posts