Red Hat's most recent trend suggests a bullish bias. One trading opportunity on Red Hat is a Bull Put Spread using a strike $52.50 short put and a strike $45.00 long put offers a potential 7.14% 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 $52.50 by expiration. The full premium credit of $0.50 would be kept by the premium seller. The risk of $7.00 would be incurred if the stock dropped below the $45.00 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 50.85 level which suggests that the stock is neither overbought nor oversold at this time.
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LATEST NEWS for Red Hat
oVirt 3.5 Provides New User Interface and Lifecycle Management through Expanded, Integrated Features
Fri, 17 Oct 2014 13:40:00 GMT
Business Wire – The oVirt project, the open-source, openly governed KVM virtualization management project, today announced the general availability of oVirt 3.5, a community-driven open virtual datacenter management platform.
Cloudera and Red Hat Forge Big Data Alliance
Thu, 16 Oct 2014 12:00:00 GMT
Business Wire – Cloudera, the leader in enterprise analytic data management powered by ApacheTM Hadoop®, and Red Hat, Inc. , the world’s leading provider of open source solutions, today announced an alliance to deliver joint enterprise software solutions including data integration and application development tools, and data platforms.
Nominations Open for Women in Open Source Awards
Wed, 15 Oct 2014 12:00:00 GMT
Business Wire – Red Hat, Inc. , the world's leading provider of open source solutions, today announced nominations are open for the first annual Women in Open Source Awards, which will
Sky News Streamlines Content Delivery with Red Hat Enterprise Virtualization and Red Hat Satellite
Wed, 15 Oct 2014 09:00:00 GMT
Business Wire – Red Hat, Inc. , the world's leading provider of open source solutions, today announced that Sky News, BSkyB’s 24-hour, multimedia news channel, has increased the scalabi
Customer Service Beyond Coupling: From Four Seasons' Hospitality To Mayo Clinic's Healthcare
Wed, 15 Oct 2014 03:56:00 GMT
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