Citrix Systems Inc (CTXS) $28.36 +0.35%

| May 21, 2009 | 0 Comments More

Citrix Systems (CTXS) is down a dime to $28.16 and 8000 calls already traded, or about 23X the expected for the first hour of trading. Most of the activity is in the June and July 30s and it appears that premium buyers are dominating the flow. No news today. Implied volatility is little changed at 38 percent. Earnings expected mid to late-July.

Category: All Stocks, Mid Cap Stocks, Software & Computer Services

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Frederic Ruffy is a well-known trader, writer, and strategist who has spent years educating investors and creating intelligent, insightful, unbiased market observations that are frequently cited by the Wall Street Journal and other financial publications. As senior analyst, Fred provides frequent and regular notes and daily updates for activity of interest.

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