Progress Software Corpora... (PRGS)
Progress Software Max Pain By Strike
PRGS trades at $41.94, 16.1% below the near-term max pain of $50 expiring Sep 19, 2025 (6 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is rising across expirations ($45-$55), reflecting growing call interest at higher strikes. Key magnetic zone at 48 where 2 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.
Progress Software Max Pain By Expiry
Max pain for PRGS shows an upward trend from 45 to 55, suggesting bullish positioning in longer-dated options. The 20% spread signals divergent expectations across timeframes. Most levels above 41.94 could support dips. Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Sep 19, 2025 | 50 | 8.06 (19.22%) |
| Oct 17, 2025 | 45 | 3.06 (7.30%) |
| Dec 19, 2025 | 55 | 13.06 (31.14%) |
| Mar 20, 2026 | 47.5 | 5.56 (13.26%) |
| Dec 18, 2026 | 47.5 | 5.56 (13.26%) |