PRGS Progress Software Corporation Options Ahead of Earnings
Updated
Analyzing the options chain and the chart patterns of PRGS Progress Software Corporation prior to the earnings report this week,
I would consider purchasing the 55usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $1.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
I would consider purchasing the 55usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $1.57.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.
Looking forward to read your opinion about it.
Trade closed: target reached
PRGS traded at $51.82 today, after earnings, and the Puts went up from $1.57 (when I wrote this article) to $3.20 intraday, for about 2X gain!
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BYBIT partner.bybit.com/b/37880
TRADING COURSE bit.ly/tradex
Private Signals patreon.com/PremiumOptionsSignals
RESULTS bit.ly/topgx
1%/DAY: bit.ly/3F56VTW
BYBIT partner.bybit.com/b/37880
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