Citrix (CTXS) Offering Possible 17.65% Return Over the Next 27 Calendar Days

Citrix's most recent trend suggests a bullish bias. One trading opportunity on Citrix is a Bull Put Spread using a strike $92.00 short put and a strike $87.00 long put offers a potential 17.65% return on risk over the next 27 calendar days. Maximum profit would be generated if the Bull Put Spread were to expire worthless, which would occur if the stock were above $92.00 by expiration. The full premium credit of $0.75 would be kept by the premium seller. The risk of $4.25 would be incurred if the stock dropped below the $87.00 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 47.07 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 Drives Future of Application Development and Delivery
Thu, 22 Aug 2019 12:30:00 +0000
It’s fueled by the rapid and efficient delivery of new applications that improve the way we think and operate. Recognizing this, Citrix Systems, Inc. (CTXS) is expanding its open source integrations, enabling companies to leverage modern, innovative cloud environments from a variety of leading providers to accelerate their move to the cloud and the results they can achieve. The company today announced that Citrix® ADC has achieved Red Hat OpenShift Operator Certification, which will allow it to provide IT organizations with another faster, flexible and consistent way to develop, test and deliver applications in Kubernetes environments at scale.

Citrix Set to Launch Desktop as a Service Solution for Microsoft
Tue, 20 Aug 2019 12:30:00 +0000
The company today announced the launch of Citrix® Managed Desktops, a cloud-hosted offering that enables organizations – regardless of their size or IT expertise – to provision Windows-based applications and desktops from the cloud to any device, anywhere in a simple, unified manner. It happens around the clock and globe on everything from PCs and laptops to phones, tablets and even watches,” said Carisa Stringer, Senior Director, Product Marketing, Desktop and Applications Group, Citrix. A turnkey service delivered in close collaboration with a robust ecosystem of Citrix partners, Citrix Managed Desktops provides everything needed to securely deliver Windows desktops and applications with simplicity and speed.

Citrix names University of Miami alum as next CFO
Tue, 20 Aug 2019 11:32:16 +0000
He will receive a sign-on bonus of $500,000 to be paid 180 days after his first day with Citrix, in addition to other compensation.

Citrix Systems to Hold Financial Analyst Meeting and Announce Third Quarter 2019 Financial Results on Thursday, October 24
Mon, 19 Aug 2019 12:35:00 +0000
Citrix Systems, Inc. (CTXS), today announced that, following the announcement of the appointment of Arlen Shenkman, executive vice president and chief financial officer as of September 9, 2019, it is rescheduling its financial analyst day to October 24, 2019, in New York City. Citrix will report financial results for the third quarter ended September 30, 2019 on Thursday, October 24, 2019 before the market opens. The financial analyst meeting will begin at 10:30 a.m. ET and discuss quarterly results, long term strategy, and business outlook.

Citrix Announces Arlen Shenkman as Chief Financial Officer
Mon, 19 Aug 2019 12:30:00 +0000
Citrix Systems, Inc. (CTXS) today announced that Arlen R. Shenkman has been appointed Executive Vice President and Chief Financial Officer (CFO), reporting to Citrix president and CEO, David Henshall, effective September 9, 2019. “Our cloud transformation, and the shift to a subscription model, is moving rapidly,” said Henshall. “This is a great opportunity to apply my cloud transformation experience to a company that is already progressing along its strategic path so well,” said Shenkman.

Related Posts

 

MarketTamer is not an investment advisor and is not registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory Authority. Further, owners, employees, agents or representatives of MarketTamer are not acting as investment advisors and might not be registered with the U.S. Securities and Exchange Commission or the Financial Industry Regulatory.


This company makes no representations or warranties concerning the products, practices or procedures of any company or entity mentioned or recommended in this email, and makes no representations or warranties concerning said company or entity’s compliance with applicable laws and regulations, including, but not limited to, regulations promulgated by the SEC or the CFTC. The sender of this email may receive a portion of the proceeds from the sale of any products or services offered by a company or entity mentioned or recommended in this email. The recipient of this email assumes responsibility for conducting its own due diligence on the aforementioned company or entity and assumes full responsibility, and releases the sender from liability, for any purchase or order made from any company or entity mentioned or recommended in this email.


The content on any of MarketTamer websites, products or communication is for educational purposes only. Nothing in its products, services, or communications shall be construed as a solicitation and/or recommendation to buy or sell a security. Trading stocks, options and other securities involves risk. The risk of loss in trading securities can be substantial. The risk involved with trading stocks, options and other securities is not suitable for all investors. Prior to buying or selling an option, an investor must evaluate his/her own personal financial situation and consider all relevant risk factors. See: Characteristics and Risks of Standardized Options. The www.MarketTamer.com educational training program and software services are provided to improve financial understanding.


The information presented in this site is not intended to be used as the sole basis of any investment decisions, nor should it be construed as advice designed to meet the investment needs of any particular investor. Nothing in our research constitutes legal, accounting or tax advice or individually tailored investment advice. Our research is prepared for general circulation and has been prepared without regard to the individual financial circumstances and objectives of persons who receive or obtain access to it. Our research is based on sources that we believe to be reliable. However, we do not make any representation or warranty, expressed or implied, as to the accuracy of our research, the completeness, or correctness or make any guarantee or other promise as to any results that may be obtained from using our research. To the maximum extent permitted by law, neither we, any of our affiliates, nor any other person, shall have any liability whatsoever to any person for any loss or expense, whether direct, indirect, consequential, incidental or otherwise, arising from or relating in any way to any use of or reliance on our research or the information contained therein. Some discussions contain forward looking statements which are based on current expectations and differences can be expected. All of our research, including the estimates, opinions and information contained therein, reflects our judgment as of the publication or other dissemination date of the research and is subject to change without notice. Further, we expressly disclaim any responsibility to update such research. Investing involves substantial risk. Past performance is not a guarantee of future results, and a loss of original capital may occur. No one receiving or accessing our research should make any investment decision without first consulting his or her own personal financial advisor and conducting his or her own research and due diligence, including carefully reviewing any applicable prospectuses, press releases, reports and other public filings of the issuer of any securities being considered. None of the information presented should be construed as an offer to sell or buy any particular security. As always, use your best judgment when investing.