Red Hat's most recent trend suggests a bullish bias. One trading opportunity on Red Hat is a Bull Put Spread using a strike $155.00 short put and a strike $145.00 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 $155.00 by expiration. The full premium credit of $1.50 would be kept by the premium seller. The risk of $8.50 would be incurred if the stock dropped below the $145.00 long put strike price.
The 5-day moving average is moving up which suggests that the short-term momentum for Red Hat 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 Red Hat is bullish.
The RSI indicator is at 66.02 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Red Hat
Red Hat Set to Host Largest Red Hat Summit to Date, May 8-10 in San Francisco
Tue, 17 Apr 2018 13:00:00 +0000
Red Hat, Inc. , the world's leading provider of open source solutions, today announced the agenda and keynote speakers for Red Hat Summit 2018, one of the industry’s premier enterprise open source technology conferences.
Red Hat exec sells $2.3M in stocks
Mon, 16 Apr 2018 15:38:20 +0000
Another top executive at Red Hat is adding to his coffers through a stock sale.
6 Fast-Growth Stocks That Can Shine
Thu, 12 Apr 2018 10:00:00 +0000
Stars from Goldman's Revenue Growth Basket hedge against higher input costs and more.
Red Hat Still Pointed Higher
Tue, 10 Apr 2018 18:02:00 +0000
Charts suggest more gains ahead for Red Hat.
Red Hat Strengthens Hybrid Cloud’s Backbone with Latest Version of Red Hat Enterprise Linux
Tue, 10 Apr 2018 13:30:00 +0000
Red Hat, Inc. , the world's leading provider of open source solutions, today announced the general availability of Red Hat Enterprise Linux 7.5, the latest version of the world’s leading enterprise Linux platform.
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