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.