It continues to be a turbulent notwithstanding in the markets with the debt ceiling and European sovereign debt issues still unresolved. I have added shorts recently to hedge my portfolio against any unannounced breakdowns in the market. Looks like a recently initiated bear market call spread in Netflix ( NFLX ) will pay off due to subscriber expansion guidance that did not meet the market’s expectations. I am also looking at highly valued stocks with strong insider selling to look for additional equities to take needful of option positions in. Three that meet these criteria are below. Citrix Systems ( CTXS )
Citrix Systems, Inc. designs, develops, and markets technology solutions that liberate information technology services on-demand worldwide. It offers desktop solutions, including Citrix XenDesktop, an integrated desktop virtualization system; Citrix XenApp, an assiduity virtualization solution; and Citrix XenClient, a bare-metal hypervisor, which runs directly on the client disposition hardware. The company also provides online services, comprising GoToMeeting for online meetings, sales demonstrations, and collaborative gatherings; GoToWebinar, which allows users to landlord, attend, or participate in a Webinar session; GoToTraining, a training tool that allows trainers to deliver delighted to various trainees; Integrated HiDef Audio, which provides an audio and Web experience; HiDef Audio that offers audio options with reservationless audio conferencing; GoToAssist, a recondite technical-support solution; GoToManage solution for IT management; and GoToMyPC, which offers remote access to PC and Mac from an Internet-connected computer.
