Progress Software Corpora... (PRGS)
Progress Software Max Pain By Strike
PRGS trades at $46.84, 6.3% below the near-term max pain of $50 expiring Sep 19, 2025 (22 days). Look for upward drift as max pain acts as a magnet pulling price higher. Max pain is falling across expirations ($45-$55), signaling increased put positioning or downside protection. Key magnetic zone at 50 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 a downward trend from 55 to 45, indicating bearish sentiment or hedging activity. The 20% spread signals divergent expectations across timeframes. Most levels above 46.84 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 | 3.16 (6.75%) |
| Oct 17, 2025 | 45 | -1.84 (-3.93%) |
| Dec 19, 2025 | 55 | 8.16 (17.42%) |
| Mar 20, 2026 | 50 | 3.16 (6.75%) |
| Dec 18, 2026 | 52.5 | 5.66 (12.08%) |