Tour v526
PGR
PROGRESSIVE CORP OH
$220.34 +1.41%
$220.99 (+0.29%)🌙
as of 08/20 06:56 PM
(8/19 18:53) ◀
|
Thursday, August 20, 2026 (6:56pm)
January 2026
|
▶ (8/21 18:57)
◀ 8/20 18:56 ▶

Option Volume

Detail
ℹ
Current (08/20) 2,765
Calls: 2,029 (73%)
Puts: 736 (27%)
Prior (08/19) 3,086
Calls: 1,942 (63%)
Puts: 1,144 (37%)
Current vs Prior -10.40%
Calls: +4.48% (Calls)
Puts: -35.66% (Puts)
Prior 7-Day Total 17,048
Calls: 8,054 (47%)
Puts: 8,994 (53%)
Prior 7-Day Average 2,435
Calls: 1,150 (47%)
Puts: 1,284 (53%)
Current vs Prior 7-Day Avg +13.53%
Calls: +76.35%
Puts: -42.72%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/20) $1.25M
Calls: $1.10M (88%)
Puts: $151.0K (12%)
Prior (08/19) $1.83M
Calls: $1.20M (65%)
Puts: $634.2K (35%)
Current vs Prior -32.01%
Calls: -8.66%
Puts: -76.19%
Prior 7-Day Total $8.52M
Calls: $5.15M (60%)
Puts: $3.38M (40%)
Prior 7-Day Average $1.22M
Calls: $735.2K (60%)
Puts: $482.4K (40%)
Current vs Prior 7-Day Avg +2.40%
Calls: +49.06%
Puts: -68.70%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/20) 0.36
Prior (08/19) 0.59
Current vs Prior -38.42%
Prior 7-Day Average 1.63
Current vs Prior 7-Day Avg -77.81%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/20) 33,808
Calls: 20,315 (60%)
Puts: 13,493 (40%)
Prior (08/19) 32,589
Calls: 16,099 (49%)
Puts: 16,490 (51%)
Current vs Prior +3.74%
Prior 7-Day Total 172,712
Calls: 84,899 (49%)
Puts: 87,813 (51%)
Prior 7-Day Average 24,673
Calls: 12,128 (49%)
Puts: 12,544 (51%)
Current vs Prior 7-Day Avg +37.02%
Sentiment BEARISH

Expected Move

Detail
ℹ
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 1.97% | 3.68%1.97% | 8.40%
Prior 2.46% | 3.91%2.46% | 8.54%
Current vs Prior -20.19% | -6.03%-20.20% | -1.66%
Prior 7-Day Avg 2.71% | 4.11%3.42% | 8.96%
Current vs 7-Day Avg -27.46% | -10.48%-42.62% | -6.34%
Prior 7-Day Eod 2.46% | 3.91%2.46% | 8.54%
Current vs 7-Day Eod -20.19% | -6.03%-20.20% | -1.66%
Sentiment BULLISHBULLISH

Relative Spread

Detail
ℹ
Expiry | Next
Current 31.02% | 11.79%
Calls: 25.00% | 12.05%
Puts: 37.04% | 11.54%
Prior 31.02% | 11.79%
Calls: 25.00% | 12.05%
Puts: 37.04% | 11.54%
Current vs Prior +0.00% | +0.00%
Prior 7-Day Avg 31.02% | 11.79%
Calls: 25.00% | 12.05%
Puts: 37.04% | 11.54%
Current vs 7-Day Avg +0.00% | -0.00%
Liquidity Expensive
+
Add Card

🤖 AI Insights

Strong bullish conviction with 88% of dollar volume in calls ($1.10M) vs puts ($151.0K). Extreme bullish P/C ratio of 0.36 - heavy call buying (2,029 calls vs 736 puts). P/C ratio dropping 38% - sentiment shifting bullish. Call-heavy open interest (20,315 calls vs 13,493 puts) suggests bullish positioning.

Smart Money BULLISH
Retail Flow BULLISH
Overall BULLISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BULLISH
Prior BULLISH
7-Day Avg BULLISH
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior NEUTRAL
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg BULLISH

📈 Options Analysis

🎯 Tightest Spreads
💰 Best Value Under $1
📊 High Delta (ITM)
🔥 High Volume
⏰ Backwardation
📈 Debit Spreads
📉 Credit Spreads
📅 Calendar Spreads
⚡ Straddles
🔀 Strangles
🦅 Iron Condors
🦋 Butterflies
⚖️ Ratio Spreads
🛡️ Covered Calls

Options with the tightest bid-ask spreads (<10%). Lower spreads = better fills and less slippage. Showing top -- of results (avg --%, best --%)

No options available for this category

Affordable options under $1.00 per contract. Great for defined-risk strategies with minimal capital. -- found (avg $--, cheapest $--)

No options available for this category

In-the-money options with delta >0.50. Higher probability of profit, lower leverage. 28 found (avg delta 0.74, highest 0.95)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$212.50Aug 217.009.40$8.2029.3%30.95407
$210.00Aug 2110.2011.90$11.0515.4%250.94392
$215.00Aug 215.206.90$6.0528.1%110.91863
$205.00Aug 2114.4017.80$16.1021.1%20.90--
$200.00Sep 1821.2023.80$22.5011.6%10.89--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$250.00Sep 2527.5030.80$29.1511.3%10.94--
$240.00Sep 2518.3021.60$19.9516.5%20.84--
$222.50Aug 211.852.95$2.4045.8%10.68--
$225.00Aug 285.006.50$5.7526.1%20.68--
$225.00Sep 256.909.90$8.4035.7%10.57--

Most actively traded options today. High liquidity = easy entry/exit. 99 active (total vol 1.9K, top 236)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Sep 180.951.40$1.1738.5%2360.14391
$222.50Aug 210.551.25$0.9077.8%2320.33102
$225.00Aug 281.452.45$1.9551.3%2210.34419
$230.00Sep 182.553.40$2.9728.6%2150.301.7K
$225.00Aug 210.250.75$0.50100.0%810.19967
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 40.150.50$0.33106.1%1320.05281
$195.00Sep 180.300.95$0.63103.2%680.071.5K
$200.00Aug 210.000.05$0.03166.7%570.011.5K
$200.00Sep 180.751.25$1.0050.0%500.11535
$217.50Aug 210.050.75$0.40175.0%320.193

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 5 strikes (avg 45.7%, max 65.6%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$225.00Aug 21Oct 243.5%26.3%65.6%83973
$220.00Aug 21Oct 234.8%23.9%45.5%171.4K
$222.50Aug 21Sep 437.3%25.7%45.3%252104
$217.50Aug 21Sep 433.6%25.6%31.4%12272
PUTS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$220.00Aug 21Sep 1834.8%24.8%40.5%271.2K

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 57 found (best R:R 0.63, avg 9.03)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$220.00Oct 2$6.15$3.85$6.1574%0.63$216.15
$230.00$232.50Sep 4$0.13$2.37$0.1323%18.23$230.13
$235.00$240.00Sep 25$0.66$4.34$0.6625%6.58$235.66
$230.00$235.00Oct 2$1.17$3.83$1.1735%3.27$231.17
$217.50$220.00Sep 4$1.20$1.30$1.2064%1.08$218.70
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$200.00$180.00Sep 25$0.50$19.50$0.5010%39.00$199.50
$210.00$205.00Sep 4$0.30$4.70$0.3015%15.67$209.70
$222.50$220.00Aug 21$1.17$1.33$1.1768%1.14$221.33
$220.00$215.00Sep 4$1.58$3.42$1.5845%2.16$218.42
$210.00$205.00Aug 28$0.22$4.78$0.2212%21.73$209.78

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 45 found (best R:R 0.47, avg 0.22)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$225.00$230.00Sep 4$1.60$1.60$3.4061%0.47$226.60
$232.50$245.00Aug 28$0.50$0.50$12.0087%0.04$233.00
$230.00$240.00Sep 18$1.80$1.80$8.2070%0.22$231.80
$230.00$232.50Aug 28$0.35$0.35$2.1582%0.16$230.35
$250.00$260.00Sep 18$0.30$0.30$9.7093%0.03$250.30
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$202.50$200.00Aug 21$0.80$0.80$1.7089%0.47$201.70
$197.50$195.00Aug 21$0.58$0.58$1.9289%0.30$196.92
$220.00$210.00Sep 18$3.52$3.52$6.4853%0.54$216.48
$205.00$195.00Sep 11$0.75$0.75$9.2587%0.08$204.25
$217.50$210.00Aug 28$1.30$1.30$6.2067%0.21$216.20

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 5 found (avg debit $1.99, cheapest $1.70)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$222.50Aug 21Aug 28$1.9037.3%27.0%
$220.00Aug 21Aug 28$2.0734.8%25.5%
PUTS (3)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$222.50Aug 21Aug 28$1.7037.3%27.0%
$220.00Aug 21Aug 28$1.6234.8%25.5%
$225.00Aug 28Sep 25$2.6527.6%25.3%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 22 found (cheapest 1.43% of stock, avg 5.08%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$220.00Aug 21$1.93$1.23$3.16$216.84$223.161.43%
$222.50Aug 21$0.90$2.40$3.30$219.20$225.801.50%
$217.50Aug 21$3.78$0.40$4.18$213.32$221.681.90%
$215.00Aug 21$6.05$0.18$6.23$208.77$221.232.83%
$220.00Aug 28$4.00$2.85$6.85$213.15$226.853.11%
$222.50Aug 28$2.80$4.10$6.90$215.60$229.403.13%
$217.50Aug 28$5.70$1.85$7.55$209.95$225.053.43%
$225.00Aug 28$1.95$5.75$7.70$217.30$232.703.49%
$212.50Aug 21$8.20$0.13$8.33$204.17$220.833.78%
$220.00Sep 4$5.40$3.80$9.20$210.80$229.204.18%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 94 found (cheapest 0.25% of stock, avg 1.43%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$230.00$217.50Aug 21$0.15$0.40$0.55$216.95$230.55
$227.50$217.50Aug 21$0.25$0.40$0.65$216.85$228.15
$225.00$217.50Aug 21$0.50$0.40$0.90$216.60$225.90
$232.50$205.00Aug 28$0.60$0.33$0.93$204.07$233.43
$230.00$202.50Aug 21$0.15$0.83$0.98$201.52$230.98
$227.50$202.50Aug 21$0.25$0.83$1.08$201.42$228.58
$250.00$195.00Sep 18$0.50$0.63$1.13$193.87$251.13
$232.50$210.00Aug 28$0.60$0.55$1.15$208.85$233.65
$230.00$197.50Aug 21$0.15$1.08$1.23$196.27$231.23
$227.50$197.50Aug 21$0.25$1.08$1.33$196.17$228.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 48 found (best R:R 0.56, avg credit $1.08)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
200/202228/230Aug 21$0.90$1.6079%0.56$201.60$228.40
200/202225/228Aug 21$1.05$1.4570%0.72$201.45$226.05
195/198228/230Aug 21$0.68$1.8279%0.37$196.82$228.18
200/202222/225Aug 21$1.20$1.3056%0.92$201.30$223.70
195/198225/228Aug 21$0.83$1.6770%0.50$196.67$225.83
195/198222/225Aug 21$0.98$1.5256%0.64$196.52$223.48
202/205230/232Aug 28$0.50$2.0075%0.25$204.50$230.50
205/208228/230Aug 21$0.50$2.0075%0.25$207.00$228.00
205/208225/228Aug 21$0.65$1.8566%0.35$206.85$225.65
205/208222/225Aug 21$0.80$1.7052%0.47$206.70$223.30

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 38 found (best R:R 6.35, cheapest $0.10)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$210.00$220.00Sep 18$1.80$8.2036%4.56
$210.00$220.00$230.00Sep 18$2.67$7.3347%2.75
$240.00$250.00$260.00Sep 18$0.37$9.6311%26.03
$230.00$240.00$250.00Sep 18$1.13$8.8723%7.85
$222.50$225.00$227.50Aug 21$0.15$2.3523%15.67
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$217.50$220.00$222.50Aug 21$0.34$2.1649%6.35
$217.50$220.00$222.50Aug 28$0.25$2.2524%9.00
$212.50$215.00$217.50Aug 21$0.17$2.3314%13.71
$210.00$212.50$215.00Sep 4$0.17$2.3314%13.71
$190.00$195.00$200.00Sep 18$0.19$4.816%25.32

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 77 found (best net $-1.75, 54 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$205.00$215.001:2Sep 11-$1.75$8.25
$210.00$220.001:2Sep 18-$0.30$9.70
$210.00$220.001:2Oct 2-$2.75$7.25
$200.00$210.001:2Sep 18-$5.30$4.70
$212.50$217.501:2Aug 28-$2.00$3.00
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$222.50$220.001:2Aug 21-$0.06$2.44
$220.00$215.001:2Sep 4-$0.64$4.36
$210.00$205.001:2Sep 11-$0.35$4.65
$195.00$185.001:2Aug 21$0.00$10.00
$205.00$200.001:2Sep 4-$0.01$4.99

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 23 found (best yield 2.00%, avg 0.72%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$225.00Oct 2$4.400.452.1%2.00%4.11%26
$225.00Sep 25$4.300.442.1%1.95%4.07%161
$235.00Oct 2$2.050.286.7%0.93%7.58%2--
$230.00Oct 2$2.600.354.4%1.18%5.56%1--
$235.00Sep 25$1.850.256.7%0.84%7.49%7--
$230.00Sep 18$2.550.304.4%1.16%5.54%2151.7K
$240.00Sep 25$0.950.198.9%0.43%9.35%2--
$222.50Sep 4$3.400.471.0%1.54%2.52%202
$230.00Sep 11$1.800.274.4%0.82%5.20%312
$225.00Sep 4$2.450.392.1%1.11%3.23%612

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
Loading data...

Current Put/Call Breakdown

Total Calls 2,029
Total Puts 736
Put/Call Ratio 0.36
Net Difference 1,293

Prior's Put/Call Breakdown

Total Calls 1,942
Total Puts 1,144
Put/Call Ratio 0.59
Net Difference 798

Prior 7-Day Put/Call Summary

Total Calls 8,054
Total Puts 8,994
Average Put/Call Ratio 1.63
Ratio Trend Falling

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
Loading data...

Upcoming Earnings - 2 Weeks Prior

Loading earnings data...

Upcoming Earnings - 1 Week Prior

Loading earnings data...

Earnings This Week

Loading earnings data...

Earnings - Day Before / Day After

Loading earnings data...

Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
Loading data...

Chart Title

Price — Past 7 Days

Add Card

CI/CD Results
App Log
Loading...
Requests
New Request
View All