Progressive Corp Stock Options

PGR
 Stock
  

USD 117.14  1.34  1.13%   

Progressive Corp's option chain provides insight into all available option contracts written on Progressive Corp's stock. Investors can see outstanding put and call contracts with pricing information and greeks for a given expiration period. In addition, each of Progressive Corp's stock options below provides a detailed picture of the payoff. Comparing vital and dynamic information of various option contracts across diverse expiration periods will help you make an educated decision on your market timing strategies around investing in a given Progressive option contract. View S&P 500 options
  
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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.

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's latest option contracts expiring on 2022-07-15 are carrying combined implied volatility of 32.05 with a put-to-call open interest ratio of 2.42 over 46 outstanding agreements suggesting investors are buying way more puts than calls on contracts expiring on 2022-07-15. The current put volume is at 72, with calls trading at the volume of 183. This yields a 0.39 put-to-call volume ratio. The Progressive Corp option chain provides detailed quote and price information for the current Progressive Corp option contracts. It shows all of Progressive Corp's listed puts, calls, expiration dates, strike prices, and other pricing information.

Open Interest Against 2022-07-15 Option Contracts

Progressive Corp option prices can potentially be used to forecast stock returns because most option chains provide information not only about the current prices but also about the future conditions in Progressive Corp's lending market. For example, when Progressive Corp's puts are not actively trading or completely missing in the marketplace, investors can use it to internalize expected shorting costs. So if an investor is writing a put option on Progressive Corp, he or she must hedge the risk by shorting Progressive Corp stock over its option's life.
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 2022-07-15 Option Contracts

Max pain usually refers to a trading concept that asserts that market manipulation can cause the market price of particular securities such as Progressive Corp close to expiration to expire worthless. According to most research, approximately 10% to 15% of all stock options are exercised, while about 35% expire worthlessly, with roughly 50% traded out before the expiration date. So, Max pain occurs when market makers reach a net positive position across all options at a strike price where option holders stand to lose the most money. By contrast, option sellers may reap the most after selling more options than buying, causing them to expire worthless.
Progressive Corp's stock options are financial instruments that give investors the right to buy or sell shares of Progressive Corp common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell Progressive stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If Progressive Corp's stock price goes up or down, the stock options follow.
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Please note that buying 'in-the-money' options on Progressive Corp lessens the impact of time decay, as they carry both intrinsic and time value. So, even if Progressive Corp's value remains static through the expiration date, the investor can sell to close an 'in-the-money' option to avoid a potential loss. However, in-the-money Progressive Corp contracts are usually more expensive to enter than their out-of-the-money counterparts. So keep in mind that while the payoffs on an in-the-money trade can be high, the investors could ultimately experience a more consequential loss if Progressive Stock moves the wrong way.
As of 07/06/2022, Net Income Common Stock is likely to grow to about 3.2 B

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' options 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. Using current Progressive Corp's option volume and open interest to make an investment decision is considered a contrarian-sentiment measure that can be utilized in many timing strategies in both derivative and spot marketplace.

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 2.0% per day over the life of the 2022-07-15 option contract. With Progressive Corp trading at $117.14, that is roughly $2.35. 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 32.05%. But if you have an opposite viewpoint you should avoid it and even consider selling them.

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.
2022-07-152022-08-192022-11-182023-01-202023-02-172024-01-19
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.
DeltaGammaOpen IntExpirationCurrent SpreadLast Price
Call
2022-07-15 CALL at $55.00.9963.0E-402022-07-1560.6 - 63.80.0In
Call
2022-07-15 CALL at $60.00.98948.0E-402022-07-1555.7 - 58.90.0In
Call
2022-07-15 CALL at $65.00.98530.001102022-07-1550.8 - 53.90.0In
Call
2022-07-15 CALL at $70.00.98370.001302022-07-1545.8 - 48.90.0In
Call
2022-07-15 CALL at $75.00.98540.001502022-07-1540.7 - 43.90.0In
Call
2022-07-15 CALL at $80.00.98360.001902022-07-1536.0 - 38.60.0In
Call
2022-07-15 CALL at $85.00.99350.001202022-07-1530.8 - 33.60.0In
Call
2022-07-15 CALL at $90.00.97280.003712022-07-1525.7 - 29.022.4In
Call
2022-07-15 CALL at $95.00.99160.002212022-07-1520.8 - 23.620.9In
Call
2022-07-15 CALL at $100.00.95340.008512022-07-1515.7 - 19.112.96In
Call
2022-07-15 CALL at $105.00.91690.016172022-07-1511.0 - 14.110.0In
Call
2022-07-15 CALL at $110.00.85210.0316792022-07-157.4 - 8.16.83In
Call
2022-07-15 CALL at $115.00.63840.055411202022-07-153.7 - 4.03.9In
Call
2022-07-15 CALL at $120.00.32880.06088912022-07-151.1 - 1.251.25Out
Call
2022-07-15 CALL at $125.00.10030.03033242022-07-150.2 - 0.30.27Out
 Put
2022-07-15 PUT at $95.0-0.05540.00697012022-07-150.05 - 0.750.56Out
 Put
2022-07-15 PUT at $100.0-0.04270.00823442022-07-150.1 - 0.30.4Out
 Put
2022-07-15 PUT at $105.0-0.08640.016211892022-07-150.25 - 0.450.4Out
 Put
2022-07-15 PUT at $110.0-0.15470.031634252022-07-150.5 - 0.750.93Out
 Put
2022-07-15 PUT at $115.0-0.36080.05593362022-07-151.5 - 1.81.7Out
 Put
2022-07-15 PUT at $120.0-0.6480.0544432022-07-153.9 - 4.44.4In
 Put
2022-07-15 PUT at $125.0-0.88970.031232022-07-156.7 - 9.610.03In
 Put
2022-07-15 PUT at $130.0-0.95950.012802022-07-1511.5 - 14.40.0In
 Put
2022-07-15 PUT at $135.0-0.94730.010802022-07-1516.7 - 19.40.0In
 Put
2022-07-15 PUT at $140.0-0.95460.00802022-07-1521.8 - 24.30.0In
 Put
2022-07-15 PUT at $145.0-0.98530.003302022-07-1526.5 - 29.30.0In
 Put
2022-07-15 PUT at $150.0-0.85570.009202022-07-1531.2 - 34.50.0In
 Put
2022-07-15 PUT at $155.0-0.97260.006102022-07-1536.5 - 39.50.0In
 Put
2022-07-15 PUT at $160.0-0.98880.001902022-07-1541.3 - 44.50.0In
 Put
2022-07-15 PUT at $165.0-0.98950.001702022-07-1546.5 - 49.30.0In

Progressive Corp Net Income Common Stock Over Time

The amount of net income (loss) for the period due to common shareholders. Typically differs from Net Income to the parent entity due to the deduction of Preferred Dividends Income Statement Impact.
 Net Income Common Stock 
Share
      Timeline 

Progressive Corp Net Income Common Stock USD Over Time

Net Income Common Stock in USD; converted by US Dollar Exchange Rate.
 Net Income Common Stock USD 
Share
      Timeline 

Progressive Corp Historical Liabilities

While analyzing the current debt level is an essential aspect of forecasting the current year budgeting needs of Progressive Corp, understanding its historical liability is critical in projecting Progressive Corp's future earnings, especially during periods of low and high inflation and deflation. Many analysts look at the trend in assets and liabilities and evaluate how Progressive Corp uses its financing power over time.

Progressive Corp Investors Sentiment

The influence of Progressive Corp's investor sentiment on the probability of its price appreciation or decline could be a good factor in your decision-making process regarding taking a position in Progressive. The overall investor sentiment generally increases the direction of a stock movement in a one-year investment horizon. However, the impact of investor sentiment on the entire stock markets does not have a solid backing from leading economists and market statisticians.
Investor biases related to Progressive Corp's public news can be used to forecast risks associated with investment in Progressive. The trend in average sentiment can be used to explain how an investor holding Progressive can time the market purely based on public headlines and social activities around Progressive Corp. Please note that most equiteis that are difficult to arbitrage are affected by market sentiment the most.
Progressive Corp's market sentiment shows the aggregated news analyzed to detect positive and negative mentions from the text and comments. The data is normalized to provide daily scores for Progressive Corp's and other traded tickers. The bigger the bubble, the more accurate is the estimated score. Higher bars for a given day show more participation in the average Progressive Corp's news discussions. The higher the estimate score, the more favorable is the investor's outlook on Progressive Corp.

Progressive Corp Implied Volatility

    
  32.05  
Progressive Corp's implied volatility exposes the market's sentiment of Progressive Corp stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Progressive Corp's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Progressive Corp stock will not fluctuate a lot when Progressive Corp's options are near their expiration.
Some investors attempt to determine whether the market's mood is bullish or bearish by monitoring changes in market sentiment. Unlike more traditional methods such as technical analysis, investor sentiment usually refers to the aggregate attitude towards Progressive Corp in the overall investment community. So, suppose investors can accurately measure the market's sentiment. In that case, they can use it for their benefit. For example, some tools to gauge market sentiment could be utilized using contrarian indexes, Progressive Corp's short interest history, or implied volatility extrapolated from Progressive Corp options trading.

Current Sentiment - PGR

Progressive Corp Investor Sentiment

Greater number of Macroaxis users are at this time bullish on Progressive Corp. What is your perspective on investing in Progressive Corp? Are you bullish or bearish?
Bullish
Bearish
98% Bullish
2% Bearish

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Please check Your Equity Center. Note that the Progressive Corp information on this page should be used as a complementary analysis to other Progressive Corp's statistical models used to find the right mix of equity instruments to add to your existing portfolios or create a brand new portfolio. You can also try Global Correlations module to find global opportunities by holding instruments from different markets.

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Is Progressive Corp's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Progressive Corp. If investors know Progressive will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Progressive Corp listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth YOY
-0.79
Market Capitalization
68.5 B
Quarterly Revenue Growth YOY
0.035
Return On Assets
0.0265
Return On Equity
0.13
The market value of Progressive Corp is measured differently than its book value, which is the value of Progressive that is recorded on the company's balance sheet. Investors also form their own opinion of Progressive Corp's value that differs from its market value or its book value, called intrinsic value, which is Progressive Corp's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Progressive Corp's market value can be influenced by many factors that don't directly affect Progressive Corp's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Progressive Corp's value and its price as these two are different measures arrived at by different means. Investors typically determine Progressive Corp value by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Progressive Corp's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.