PRGS
Progress Software Corporation
Mentions (24Hr)
-100.00% Today
Reddit Posts
Hackers use flaw in popular file transfer tool to steal data, researchers say $PRGS
Mentions
Thanks for the reply "..dragged down heavily by the amortization of this goodwill/intangibles which are non cash expenses. " It's a good point about their cash flow. That is an important silver lining. I guess the thing that scares me is the highly intangible nature of their assets, compared to the very tangible nature of their liabilities. And at a very large scale. It seems like they are getting over-extended while buying companies via M&A. As an investor, I expect to be taking lots of investment risks. But it is a bit surprising to see a company like PRGS take so many M&A gambles, and load up the balance sheet with debt (the other half of the coin of the 2 billion goodwill). Hypothetically, at what point would current PRGS investors think the goodwill was excessive? What if it was 30 pct higher than the market cap. Would that raise any alarms?
We definitely have to check quarter to quarter Not sure why here are the non gaap earnings also from Yahoo https://finance.yahoo.com/quote/PRGS/analysis/
PRGS 55 7/18 put, MSM 95 7/18 call
Can someone explain why the Greeks for MSM and PRGS movements didn't seem to matter and not effect the price?
can someone explain why PRGS tanked even though Q2 results were positive
Interesting. I plugged your prompt into my overlord, but I changed Robinhood to TastyTrade, and I changed option call to option plays. It seems to agree on AAPL, which is interesting because I've been looking at some longer AAPL puts to complement my 45 DTE AMD calls. This is what the overlord told me: Mid-Cap Call Strategy Progress Software (PRGS) – Market cap ~$3.8B Catalyst: Upcoming Q2 earnings (set for early July), with strong AI/data-platform momentum: 29% YoY revenue growth & ARR up 48% . Why it's compelling: Stock recently rallied, and near-term resistance around $65–$66 sets up a classic earnings play . Trade Setup: Buy the July 18 $65 call (~$2.50 premium, ~3.9% of current price) . Outlook: If PRGS beats, we could see a sharp up-move into earnings (~50%+), delivering potential 2× or more on the premium. Greeks: Delta ~0.40–0.50: solid upside exposure Vega positive: pre-earnings IV rise should boost call value Theta: limited decay thanks to short-term expiry Risk management: Max loss is the premium (~$250). Good liquidity and tight spreads on this strike. Alternatives: For more conservative exposure, consider a $60/$65 call debit spread, reducing premium cost with capped upside. Large-Cap Put Strategy Apple Inc (AAPL) – Market cap ~$3.3T Catalyst concerns: Macro risks from trade/tariff policy uncertainty & cooling consumer demand . High P/E (~33.7) leaves little margin for error . Trade Setup: Buy the September $195 put, delta ~0.30–0.35, 10–12 weeks out. Rationale: If macro headwinds hit consumer tech, AAPL could pull back 5–10%. This put offers 2× leverage on a 5–6% move. Greeks: Delta ~‑0.35: reasonable downside participation Theta: moderate; with longer-dated expiry, decay is slower Vega: benefits from any volatility spike from macro shocks Monitor: Watch upcoming trade/tariff headlines or consumer sentiment data for entry triggers. Strategy Comparison Strategy Trade Max Loss Potential Gain Outlook PRGS Call July 18 $65 call for ~$2.50 ~$250 per contract 2×+ if up 20%+ into earnings Bullish on AI/data catalyst AAPL Put Sept $195 put, delta ~‑0.35 Premium paid ~2× profit if large-cap tech slips Defensive macro hedge Next Steps & Risk Tips 1. Execute early July for PRGS once any pre-earnings momentum confirms. 2. Stagger AAPL entry, ideally in late July/early August, after summer data or policy events. 3. Position sizing: Use small allocations per contract; full loss = premium. 4. Have an exit plan: PRGS calls: scale out 40–60% into any move; roll or close post-earnings. AAPL puts: If AAPL bleeds 3–4%, consider closing 50% to lock in gains and let the rest run. By blending a short-term catalyst-driven call on PRGS with a strategic hedge in AAPL via puts, this dual strategy positions for outsized gains while managing downside risks in large caps. Want advanced Greek-level analysis or strike examples? Let me know!
Damn I predicted PRGS and PVH correctly 
PRGS can only go up from here
$PRGS puts, just look at todays Put to Call volume, not to mention the $1.5 million Put order from 3/21 for December $45 puts
PRGS calls was a good call, thanks wsb 
Anyway, is premarket, so it’s an easy to miss. A call debit spread @ 50/60 is the only. I was looking at PRGS.
Thoughts on PRGS? Im leaning calls, doesn’t look priced in and it’s consistent on beating earnings by a bundle.
sold PRGS 50c on wednesday for ~$1.00 at 9:32 shit closed at 55, and, more importantly, had fucking rocketed like 15% by 10
this is from yesterday, but i don't think an ER has ever tilted me as much as PRGS, which is STILL pumping after a huge shakeout this morning
i haven't sold winners too early like this in a while. Mega tilted and definitely revenge-trading over huge missed profits on PRGS and GRND
PRGS misses, gets PT cut, dumps from AH to open...and then fucking reverses by 9% from bottom after i sell my calls. what the literal fuck
lol fucking PRGS. Misses, downgraded PTs, I sell at open for a 5% loss... it fucking rebounds and i would have made money. The fuck.
oh WOW... got some PRGS but this shit was much better
**dayum spy did mi dirty at close... lets see if my boy PRGS moons now**
whoah surge of options volume on PRGS at end of day... get out with small profit or treat it as a good sign?
Suddenly a huge PRGS bull. 😬
guess i'm holding these PRGS calls into ER.
PRGS $60C 4/19 10x or die Dont follow me im down torrential and beyond tilted
Some implied moves for earnings next week - 183 companies reporting: ​ $RH 8.6% $WBA 9.1% $GME 23.7% $CCL 10.9% $CTAS 5.5% $ALT 13.2% $PAYX 5.8% $PRGS 8.4% $MKC 7.6% $SNX 6.7%
I have long dated puts on AAPL but my biggest conviction short is PRGS with moveIT hack and yet nobody is talking about it still amazes me
With the recent data breaches in MoveIT software, parent company $PRGS is going to be an excellent short candidate tomorrow. Youre welcome For my excellent analysis, ide like my 1% commission nerds
With the recent data breaches in MoveIT software, parent company $PRGS is going to be an excellent short candidate tomorrow. Youre welcome For my excellent analysis, ide like my 1% commission nerds
With the recent data breaches in MoveIT software, parent company $PRGS is going to be an excellent short candidate tomorrow. Youre welcome For my excellent analysis, ide like my 1% commission nerds
With the recent data breaches in MoveIT software, parent company $PRGS is going to be an excellent short candidate tomorrow. Youre welcome For my excellent analysis, ide like my 1% commission nerds
With the recent data breaches in MoveIT software, parent company $PRGS is going to be an excellent short candidate tomorrow. Youre welcome For my excellent analysis, ide like my 1% commission nerds
With the recent data breaches in MoveIT software, PRGS is good short opportunity
Puts on Progress Software Corp NASDAQ: PRGS immediately at open
Massive zero day for progressive (PRGS). Just notified as of: From: Progress MOVEit <progress@inform.progress.com> Sent: Wednesday, May 31, 2023 14:00 To: sss-mft <sss-mft@usg.edu> Subject: Attention MOVEit Transfer Customers: Immediate Action Required Can verify there are some horrific disclosures on this one... Shorts are still cheap.
PRGS made a new ATH this morning, I gotta do a full DD write up one of these days on what I think is the cigar butt little brother of constellation software
ALLO gonna make a PRGS move soon
Anyone in PRGS? Up 15% today (earnings yesterday)
PRGS, has good PEG and nice balance sheet