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Options position for move in Red Hat-08/13/2009
,----[ Quote ]
| One big investor snapped up a boatload of puts on Red Hat today, positioning
| for a decline in the shares or increased volatility.
|
| RHT rose 0.63 percent to $22.33 in early afternoon trading. The software
| company is up 16 percent in the last month after gapping higher on July 20 on
| news it would be added to the S&P 500 index.
`----
http://www.nasdaq.com/newscontent/20090813/options_position_for_move_in_red_hat_36849.aspx?storyid=36849
Recent:
Red Hat revenue surges 11%
,----[ Quote ]
| Software company Red Hat continued its recession-defying performance by
| posting an 11 percent increase in quarterly revenue that outpaced analysts'
| expectations.
`----
http://www.newsobserver.com/business/nc/story/1582512.html
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