Red Hat (RHT) April volatility bid up into Q4 results and demand trends

Red Hat (NYSE: RHT) April 52 and 55 calls are active into the expected release of Q4 results after the market close on March 28. Deutsche Bank has a Hold rating and a $48 price target on the company. April put option implied volatility is at 42, May is at 35; compared to its 26-week average of 43 according to Track Data.

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