PRGS - Progress Software Corporation
Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. It also offers DataDirect Connect, which provides data connectivity using industry-standard interfaces to connect applications running on various platforms; MOVEit that offers secure collaboration and automated file transfers of critical business information; Chef, an infrastructure automation platform to build, deploy, manage, and secure applications in multi-cloud and hybrid environments, and on-premises; and WhatsUp Gold, a network monitoring solution.
As of May 14, 2026: spot at $26.72, ATM IV 58.7%, net GEX -$100.4K.
- Sector
- Technology
- Industry
- Software - Application
- Market Cap
- $1.11B
- P/E Ratio
- 13.08
- Beta
- 0.78
- 52-Week Range
- 23.82-65.5
- Dividend Yield
- $0.70
- CEO
- Yogesh K. Gupta
- Employees
- 2,815
- IPO Date
- Jul 30, 1991
- Exchange
- NASDAQ
What PRGS Looks Like to Options Traders Today
IV rank of 47.5% sits near the 1-year median, where strategy choice depends on directional conviction and the event calendar rather than vol regime alone; negative net gamma exposure (-$100.4K) means dealers hedge with trend, amplifying realized volatility and accelerating directional moves; the 25-delta skew (0.064) prices calls richer than puts, often reflecting upside speculation or squeeze risk.
What This Page Covers
The PRGS overview links into per-metric analysis views: max pain, gamma exposure, volatility skew, expected move, options chain, open interest history, and aggregate Greeks. Microstructure data is available on short interest, short volume, fail-to-deliver, and market structure. Corporate data is on fundamentals, earnings, analyst ratings, and insider trading.
Frequently asked PRGS overview questions
- What is PRGS?
- PRGS is the ticker symbol for Progress Software Corporation, a listed security. Progress Software Corporation develops, deploys, and manages business applications. The company offers OpenEdge, a development software, which builds multi-language applications for secure deployment across various platforms and devices, as well as cloud; developer tools that consists of components for user interface development for Web, mobile, desktop, chat, and AR/VR apps, as well as automated application testing and reporting tools; Sitefinity, a web content management and customer analytics platform; Corticon, a business rules management system that provides applications with decision automation and change process, and decision-related insight capabilities. Listed on NASDAQ. PRGS is the equity ticker shown on this page; equity options traders use the security for directional, volatility, and income strategies via the listed options chain.
- What does the PRGS options snapshot look like today?
- As of May 14, 2026, the PRGS options snapshot shows spot at $26.72, ATM IV 58.7%, IV rank 47.5%, net GEX -$100.4K, expected move 16.83%. The full options chain, Greeks by strike and expiration, per-strike open-interest distribution, dealer gamma and delta exposure, and the volatility skew surface are linked from this overview page. Each per-metric route refreshes once per trading session and reflects the most recent close-of-business listed-options state.
- What are PRGS's key statistics?
- Progress Software Corporation (PRGS) carries a market capitalization of $1.11B, trailing P/E ratio of 13.08, beta of 0.78 relative to the broader market, 52-week range of 23.82-65.5. Full income statement, balance sheet, cash flow, and TTM ratio history is on the per-ticker fundamentals page; daily price history and 52-week levels are accessible from the same view. These structural inputs frame how the options market prices implied volatility around earnings windows and capital events.
- What sector or industry does PRGS belong to?
- Progress Software Corporation operates in the Technology sector, in the Software - Application industry. Sector classification affects how the ticker correlates with sector ETFs, how it reacts to macro factors like rate moves and commodity prices, and how its options pricing compares to sector peers. Compare PRGS's implied volatility and skew against sector benchmarks to gauge whether the options market is pricing single-name or systemic risk relative to the broader peer group.
- How current is the PRGS data on this page?
- The options snapshot above is dated May 14, 2026 and refreshes once per session, with all per-strike Greeks and exposure aggregates recomputed at the daily close. Company-profile fields (sector, industry, market cap, P/E, IPO date) refresh from the vendor feed nightly. Financials and earnings refresh as 10-K and 10-Q filings are parsed (typically within several business days of the actual report). FINRA microstructure data refreshes on the source's cadence (daily for short volume, bi-monthly for short interest, weekly for the OTC volume file, twice-monthly for SEC FTD).