PRGS Earning mixed Options trade

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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 into this report expect a sell the news but the idea behind this is strictly premium reaping of the options price.

Be mindful it is friday

Scalp levels as always from the NINJA Scalper

Aviso legal

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