Progress Software Corp (NASDAQ: NASDAQ:PRGS ) has emerged as a standout performer in the software industry, with its stock experiencing a notable 1.44% rise following the release of impressive fourth-quarter fiscal year 2023 results. The company's robust financial performance and optimistic outlook for 2024 have captured the attention of investors and analysts...
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...
Progress Software (PRGS) came out with quarterly earnings of $0.76 per share, beating the Zacks Consensus Estimate of $0.71 per share. This compares to earnings of $0.50 per share a year ago. Uptrend starts after break above $40
Simple options trade opportunity with the HIGH IV from earning you can can get a directional trade to sell puts and calls spreads or even a full iron condor Progress Software (NASDAQ:PRGS): Q4 Non-GAAP EPS of $0.79 beats by $0.04; GAAP EPS of -$0.11 misses by $0.33. Revenue of $123.42M (+25.6% Y/Y) beats by $5.12M. Shares +7%. We had a strong grind all week...
PRGS has a classic Dark Pool quiet accumulation pattern followed by a pro trader run and then the HFT gap that is a breakaway gap. The professional traders’ technical footprint was the signal that this stock was poised for an HFT gap or run up.