PRGS250919C00065000 Option on Progress Software

PRGS Stock  USD 62.62  0.62  0.98%   
PRGS250919C00065000 is a PUT option contract on Progress Software's common stock with a strick price of 65.0 expiring on 2025-09-19. The contract was not traded in recent days and, as of today, has 96 days remaining before the expiration. The option is currently trading at a bid price of $2.3, and an ask price of $3.5. The implied volatility as of the 15th of June 2025 is 96.0.
When exercised, put options on Progress Software produce a short position in Progress Stock. Because of this protective nature, they are typically used either for hedging purposes or to capitalize on Progress Software's downside price movement.

Rule 16 of 2025-09-19 Option Contract

The options market is anticipating that Progress Software will have an average daily up or down price movement of about 0.0179% per day over the life of the option. With Progress Software trading at USD 62.62, that is roughly USD 0.0112. If you think that the market is fully understating Progress Software's daily price movement you should consider buying Progress Software options at that current volatility level of 0.29%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

Out Of The Money Call Option on Progress Software

An 'Out of The Money' option on Progress has a strike price that Progress Stock has yet to reach, meaning the option has no intrinsic value. 'Out of The Money' options are usually less costly than 'In The Money' options, making them more desirable to traders with smaller amounts of capital. Some of the uses for Progress Software's 'Out of The Money' options include buying the options if you expect a big move in Progress Software's stock. Since 'Out of The Money' options have a lower up-front cost (i.e., no intrinsic value) than 'In The Money' options, buying it is a reasonable choice.
Call Contract NamePRGS250919C00065000
Expires On2025-09-19
Days Before Expriration96
Delta0.451469
Vega0.127498
Gamma0.042668
Theoretical Value2.9
Open Interest70
Strike Price65.0
Last Traded At3.2
Current Price Spread2.3 | 3.5
Rule 16 Daily Up or DownUSD 0.0112

Progress short PUT Option Greeks

Progress Software's Option Greeks for the contract ending on 2025-09-19 at a strike price of 65.0 measures the various factors that affect its cost and calculated using a theoretical options pricing model. It helps investors make more informed decisions about whether to trade this option contract or when to trade it. In addition to Progress Software's option greeks, its implied volatility helps estimate the risk of Progress Software stock implied by the prices of the options on Progress Software's stock.
Delta0.451469
Gamma0.042668
Theta-0.021075
Vega0.127498
Rho0.067429

Progress long PUT Option Payoff at expiration

Put options written on Progress Software grant holders of the option the right to sell a specified amount of Progress Software at a specified price within a specified time frame. The put buyer has a limited loss and, while not fully unlimited gains, as the price of Progress Stock cannot fall below zero, the put buyer does gain as the price drops. So, purchasing a put option on Progress Software is like buying insurance aginst Progress Software's downside shift.
   Profit   
       Progress Software Price At Expiration  

Progress short PUT Option Payoff at expiration

By selling Progress Software's put option, the investors signal their bearish sentiment. A short position in a put option written on Progress Software will generally make money when the underlying price is above the strike price. Therefore Progress Software's put payoff at expiration depends on where the Progress Stock price is relative to the put option strike price. The breakeven price of 67.9 is the critical point that divides the payoff function into two parts. Below the breakeven price, the payoff is dropping and negative (the seller makes a loss). Above the breakeven price, the payoff line is upward sloping as the option payoff increases in proportion to Progress Software's price. Finally, at the strike price of 65.0, the payoff chart is constant and positive.
   Profit   
       Progress Software Price At Expiration  
View All Progress Software Options

Progress Software Available Call Options

Progress Software's option chain is a display of a range of information that helps investors for ways to trade options on Progress. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Progress. It also shows strike prices and maturity days for a Progress Software against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone.
Open IntStrike PriceCurrent SpreadLast Price
Call
PRGS250919C00095000095.00.0 - 1.01.0Out
Call
PRGS250919C00090000090.00.0 - 0.950.95Out
Call
PRGS250919C00085000085.00.0 - 0.950.95Out
Call
PRGS250919C00080000080.00.0 - 1.651.65Out
Call
PRGS250919C000750002375.00.0 - 2.91.1Out
Call
PRGS250919C00072500072.50.2 - 3.10.2Out
Call
PRGS250919C000700002470.00.8 - 2.21.8Out
Call
PRGS250919C00067500167.51.75 - 2.652.3Out
Call
PRGS250919C000650007065.02.3 - 3.53.2Out
Call
PRGS250919C000625002062.53.7 - 5.04.45Out
Call
PRGS250919C000600002660.05.3 - 6.55.3In
Call
PRGS250919C00057500231657.57.2 - 8.08.46In
Call
PRGS250919C000550002255.08.2 - 11.68.2In
Call
PRGS250919C00052500652.510.5 - 12.910.8In
Call
PRGS250919C00050000650.012.6 - 15.812.6In
Call
PRGS250919C00047500247.514.2 - 18.314.2In

Progress Software Corporate Management

Amanda ArriaChief OfficerProfile
Michael MiccicheSenior RelationsProfile
Sundar SubramanianExecutive ManagementProfile
Jeremy SegalExecutive DevelopmentProfile

Additional Tools for Progress Stock Analysis

When running Progress Software's price analysis, check to measure Progress Software's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Progress Software is operating at the current time. Most of Progress Software's value examination focuses on studying past and present price action to predict the probability of Progress Software's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progress Software's price. Additionally, you may evaluate how the addition of Progress Software to your portfolios can decrease your overall portfolio volatility.