Progressive Corp Stock Options
| PGR Stock | USD 246.41 0.86 0.35% |
Progressive Corp's latest option contracts expiring on September 19th 2025 are carrying combined implied volatility of 0.42 with a put-to-call open interest ratio of 0.98 over 77 outstanding agreements suggesting . The total put volume is at 147, with calls trading at the volume of 716. This yields a 0.21 put-to-call volume ratio.
Open Interest Against September 19th 2025 Option Contracts
2025-09-19
The chart above shows Progressive Corp's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. Progressive Corp's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for Progressive Corp's option, there is no secondary market available for investors to trade.
Progressive Corp Maximum Pain Price Across 2025-09-19 Option Contracts
Max pain occurs when Progressive Corp's market makers reach a net positive position across all Progressive Corp's options at a strike price where option holders stand to lose the most money. By contrast, Progressive Corp's option sellers may reap the most after selling more options than buying, causing them to expire worthless.
In The Money vs. Out of Money Option Contracts on Progressive Corp
Analyzing Progressive Corp's in-the-money options over time can help investors to take a profitable long position in Progressive Corp regardless of its overall volatility. This is especially true when Progressive Corp's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money Progressive Corp's options could be used as guardians of the underlying stock as they move almost dollar for dollar with Progressive Corp's stock while costing only a fraction of its price.
Progressive Corp In The Money Call Balance
When Progressive Corp's strike price is surpassing the current stock price, the option contract against Progressive Corp stock is said to be in the money. When it comes to buying Progressive Corp's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on Progressive Corp are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
Progressive Current Options Market Mood
Progressive Corp's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps Progressive Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of Progressive Corp's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. Progressive Corp's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current Progressive contract
Base on the Rule 16, the options market is currently suggesting that Progressive Corp will have an average daily up or down price movement of about 0.0263% per day over the life of the 2025-09-19 option contract. With Progressive Corp trading at USD 246.41, that is roughly USD 0.0647. If you think that the market is fully incorporating Progressive Corp's daily price movement you should consider buying Progressive Corp options at the current volatility level of 0.42%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Progressive | Build AI portfolio with Progressive Stock |
Purchasing Progressive Corp options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" Progressive calls. Remember, the seller must deliver Progressive Corp stock to the call owner when a call is exercised.
Progressive Corp Option Chain
When Progressive Corp's strike price is surpassing the current stock price, the option contract against Progressive Corp stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
Progressive Corp's option chain is a display of a range of information that helps investors for ways to trade options on Progressive. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for Progressive. It also shows strike prices and maturity days for a Progressive Corp 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 Int | Strike Price | Current Spread | Last Price | |||
Call | PGR250919C00390000 | 1 | 390.0 | 0.0 - 1.35 | 1.35 | Out |
Call | PGR250919C00380000 | 4 | 380.0 | 0.0 - 1.35 | 1.35 | Out |
Call | PGR250919C00370000 | 10 | 370.0 | 0.0 - 1.35 | 1.35 | Out |
Call | PGR250919C00360000 | 58 | 360.0 | 0.0 - 1.35 | 1.35 | Out |
Call | PGR250919C00350000 | 15 | 350.0 | 0.0 - 1.35 | 1.35 | Out |
Call | PGR250919C00340000 | 15 | 340.0 | 0.0 - 1.35 | 1.0 | Out |
Call | PGR250919C00335000 | 0 | 335.0 | 0.0 - 1.35 | 1.35 | |
Call | PGR250919C00330000 | 168 | 330.0 | 0.0 - 1.35 | 1.35 | Out |
Call | PGR250919C00325000 | 0 | 325.0 | 0.0 - 1.35 | 1.35 | |
Call | PGR250919C00320000 | 87 | 320.0 | 0.0 - 1.4 | 1.65 | Out |
Call | PGR250919C00310000 | 1221 | 310.0 | 0.0 - 1.45 | 0.3 | Out |
Call | PGR250919C00300000 | 749 | 300.0 | 0.0 - 0.6 | 0.3 | Out |
Call | PGR250919C00295000 | 2 | 295.0 | 0.0 - 1.6 | 2.78 | Out |
Call | PGR250919C00290000 | 518 | 290.0 | 0.05 - 1.75 | 0.1 | Out |
Call | PGR250919C00285000 | 5 | 285.0 | 0.0 - 1.0 | 1.12 | Out |
Call | PGR250919C00280000 | 1185 | 280.0 | 0.85 - 2.05 | 0.9 | Out |
Call | PGR250919C00275000 | 405 | 275.0 | 0.85 - 2.7 | 1.55 | Out |
Call | PGR250919C00270000 | 174 | 270.0 | 2.0 - 2.45 | 2.23 | Out |
Call | PGR250919C00265000 | 50 | 265.0 | 3.0 - 3.5 | 3.3 | Out |
Call | PGR250919C00260000 | 869 | 260.0 | 4.4 - 4.9 | 4.38 | Out |
Call | PGR250919C00255000 | 63 | 255.0 | 6.3 - 6.8 | 6.4 | Out |
Call | PGR250919C00250000 | 482 | 250.0 | 8.1 - 9.5 | 8.6 | Out |
Call | PGR250919C00245000 | 57 | 245.0 | 10.0 - 11.7 | 11.6 | In |
Call | PGR250919C00240000 | 86 | 240.0 | 12.8 - 15.8 | 14.3 | In |
Call | PGR250919C00235000 | 6 | 235.0 | 16.9 - 19.3 | 37.8 | In |
Call | PGR250919C00230000 | 14 | 230.0 | 19.9 - 23.1 | 20.4 | In |
Call | PGR250919C00220000 | 3 | 220.0 | 28.6 - 31.6 | 28.0 | In |
Call | PGR250919C00210000 | 3 | 210.0 | 37.4 - 40.8 | 37.6 | In |
Call | PGR250919C00200000 | 2 | 200.0 | 46.9 - 50.9 | 69.44 | In |
Call | PGR250919C00190000 | 1 | 190.0 | 56.6 - 60.5 | 81.85 | In |
Call | PGR250919C00185000 | 1 | 185.0 | 61.4 - 65.4 | 86.65 | In |
Call | PGR250919C00180000 | 1 | 180.0 | 66.3 - 70.3 | 66.3 | In |
Call | PGR250919C00175000 | 2 | 175.0 | 71.2 - 75.0 | 71.2 | In |
Call | PGR250919C00165000 | 5 | 165.0 | 81.1 - 85.0 | 81.1 | In |
Call | PGR250919C00140000 | 1 | 140.0 | 105.8 - 109.6 | 105.8 | In |
Put | PGR250919P00390000 | 0 | 390.0 | 141.6 - 145.4 | 141.6 | In |
Put | PGR250919P00380000 | 0 | 380.0 | 131.6 - 135.4 | 131.6 | In |
Put | PGR250919P00370000 | 0 | 370.0 | 121.5 - 125.4 | 121.5 | In |
Put | PGR250919P00360000 | 0 | 360.0 | 111.5 - 115.4 | 111.5 | In |
Put | PGR250919P00350000 | 0 | 350.0 | 101.5 - 105.4 | 101.5 | In |
Put | PGR250919P00340000 | 0 | 340.0 | 91.5 - 95.4 | 92.99 | In |
Put | PGR250919P00335000 | 0 | 335.0 | 86.5 - 90.4 | 86.5 | In |
Put | PGR250919P00330000 | 75 | 330.0 | 81.5 - 85.4 | 83.0 | In |
Put | PGR250919P00325000 | 0 | 325.0 | 76.5 - 80.4 | 76.5 | In |
Put | PGR250919P00320000 | 0 | 320.0 | 71.6 - 75.3 | 71.6 | In |
Put | PGR250919P00290000 | 37 | 290.0 | 41.5 - 45.4 | 42.93 | In |
Put | PGR250919P00280000 | 385 | 280.0 | 31.6 - 35.4 | 32.95 | In |
Put | PGR250919P00275000 | 3 | 275.0 | 26.7 - 30.7 | 17.8 | In |
Put | PGR250919P00270000 | 686 | 270.0 | 23.5 - 26.2 | 23.8 | In |
Put | PGR250919P00265000 | 117 | 265.0 | 19.0 - 22.1 | 13.4 | In |
Put | PGR250919P00260000 | 637 | 260.0 | 15.5 - 17.9 | 18.6 | In |
Put | PGR250919P00255000 | 49 | 255.0 | 13.0 - 13.4 | 13.2 | In |
Put | PGR250919P00250000 | 807 | 250.0 | 10.2 - 10.6 | 10.5 | In |
Put | PGR250919P00245000 | 208 | 245.0 | 7.8 - 8.3 | 8.1 | Out |
Put | PGR250919P00240000 | 484 | 240.0 | 5.9 - 6.4 | 6.3 | Out |
Put | PGR250919P00235000 | 42 | 235.0 | 4.5 - 4.9 | 4.6 | Out |
Put | PGR250919P00230000 | 276 | 230.0 | 3.4 - 3.7 | 3.5 | Out |
Put | PGR250919P00225000 | 121 | 225.0 | 2.5 - 2.85 | 2.88 | Out |
Put | PGR250919P00220000 | 1787 | 220.0 | 1.85 - 2.15 | 2.15 | Out |
Put | PGR250919P00215000 | 7 | 215.0 | 0.25 - 3.7 | 2.15 | Out |
Put | PGR250919P00210000 | 56 | 210.0 | 0.0 - 2.4 | 1.75 | Out |
Put | PGR250919P00200000 | 110 | 200.0 | 0.0 - 2.85 | 0.95 | Out |
Put | PGR250919P00195000 | 80 | 195.0 | 0.0 - 2.7 | 1.17 | Out |
Put | PGR250919P00190000 | 12 | 190.0 | 0.0 - 1.2 | 0.7 | Out |
Put | PGR250919P00185000 | 20 | 185.0 | 0.0 - 1.7 | 0.5 | Out |
Put | PGR250919P00180000 | 10 | 180.0 | 0.0 - 1.8 | 0.3 | Out |
Put | PGR250919P00175000 | 12 | 175.0 | 0.0 - 1.75 | 1.75 | Out |
Put | PGR250919P00170000 | 15 | 170.0 | 0.0 - 1.7 | 1.7 | Out |
Put | PGR250919P00165000 | 30 | 165.0 | 0.0 - 0.7 | 0.7 | Out |
Put | PGR250919P00160000 | 15 | 160.0 | 0.0 - 1.6 | 0.46 | Out |
Put | PGR250919P00155000 | 8 | 155.0 | 0.0 - 2.25 | 2.25 | Out |
Put | PGR250919P00150000 | 16 | 150.0 | 0.0 - 0.3 | 0.15 | Out |
Put | PGR250919P00145000 | 1 | 145.0 | 0.0 - 2.2 | 2.2 | Out |
Put | PGR250919P00140000 | 3 | 140.0 | 0.0 - 2.2 | 0.12 | Out |
Put | PGR250919P00135000 | 13 | 135.0 | 0.0 - 1.35 | 0.1 | Out |
Put | PGR250919P00130000 | 14 | 130.0 | 0.0 - 1.5 | 0.1 | Out |
Put | PGR250919P00125000 | 12 | 125.0 | 0.0 - 1.1 | 0.1 | Out |
Progressive Total Stockholder Equity
Total Stockholder Equity |
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Progressive Corp Corporate Directors
| Stuart Burgdoerfer | Independent Director | Profile | |
| Patrick Nettles | Independent Director | Profile | |
| Philip Bleser | Independent Director | Profile | |
| Kahina Dyke | Independent Director | Profile |
Additional Tools for Progressive Stock Analysis
When running Progressive Corp's price analysis, check to measure Progressive Corp'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 Progressive Corp is operating at the current time. Most of Progressive Corp's value examination focuses on studying past and present price action to predict the probability of Progressive Corp's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Progressive Corp's price. Additionally, you may evaluate how the addition of Progressive Corp to your portfolios can decrease your overall portfolio volatility.