Progress Software Corpora... (PRGS)

PRGS trades at $44.95, 10.1% below the near-term max pain of $50 expiring Aug 15, 2025 (0 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($27.5-$60), signaling increased put positioning or downside protection. Key magnetic zone at 50 where 3 expirations converge. High dispersion in max pain levels suggests competing forces and potential volatility.

Max pain for PRGS shows a downward trend from 60 to 27.5, indicating bearish sentiment or hedging activity. The 67% spread signals divergent expectations across timeframes. Most levels above 44.95 could support dips. Strong magnetic level at 50 (3 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.