PRGS Earning mixed Options trade

NASDAQ:PRGS   Progress Software Corporation
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

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