Tour v526
PGR
PROGRESSIVE CORP OH
$219.28 -0.48%
$219.55 (+0.12%)🌙
as of 08/21 06:57 PM
8/21 18:57

Option Volume

Detail
Current (08/21) 2,594
Calls: 1,604 (62%)
Puts: 990 (38%)
Prior (08/20) 2,765
Calls: 2,029 (73%)
Puts: 736 (27%)
Current vs Prior -6.18%
Calls: -20.95% (Calls)
Puts: +34.51% (Puts)
Prior 7-Day Total 18,895
Calls: 9,781 (52%)
Puts: 9,114 (48%)
Prior 7-Day Average 2,699
Calls: 1,397 (52%)
Puts: 1,302 (48%)
Current vs Prior 7-Day Avg -3.90%
Calls: +14.79%
Puts: -23.96%
Sentiment BULLISH

Dollar Volume

Detail
Current (08/21) $1.55M
Calls: $1.15M (74%)
Puts: $401.1K (26%)
Prior (08/20) $1.25M
Calls: $1.10M (88%)
Puts: $151.0K (12%)
Current vs Prior +24.19%
Calls: +4.70%
Puts: +165.62%
Prior 7-Day Total $9.35M
Calls: $6.05M (65%)
Puts: $3.30M (35%)
Prior 7-Day Average $1.34M
Calls: $864.2K (65%)
Puts: $471.0K (35%)
Current vs Prior 7-Day Avg +15.98%
Calls: +32.77%
Puts: -14.82%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (08/21) 0.62
Prior (08/20) 0.36
Current vs Prior +70.15%
Prior 7-Day Average 1.39
Current vs Prior 7-Day Avg -55.74%
Sentiment BULLISH

Open Interest

Detail
Current (08/21) 22,921
Calls: 13,610 (59%)
Puts: 9,311 (41%)
Prior (08/20) 33,808
Calls: 20,315 (60%)
Puts: 13,493 (40%)
Current vs Prior -32.20%
Prior 7-Day Total 189,362
Calls: 96,607 (51%)
Puts: 92,755 (49%)
Prior 7-Day Average 27,051
Calls: 13,801 (51%)
Puts: 13,250 (49%)
Current vs Prior 7-Day Avg -15.27%
Sentiment BEARISH

Expected Move

Detail
Expiry (08/21) | Next (08/28)Expiry (08/21) | Next (09/18)
Current 1.17% | 3.35%1.17% | 8.53%
Prior 1.97% | 3.68%1.97% | 8.40%
Current vs Prior +70.57% | +20.33%-40.59% | +1.57%
Prior 7-Day Avg 2.60% | 4.04%3.11% | 8.86%
Current vs 7-Day Avg +29.01% | +9.60%-62.46% | -3.74%
Prior 7-Day Eod 1.97% | 3.68%1.97% | 8.40%
Current vs 7-Day Eod +70.57% | +20.33%-40.59% | +1.57%
Sentiment BEARISHBULLISH

Relative Spread

Detail
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
+
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🤖 AI Insights

Moderately bullish flow with 74% call dollar volume ($1.15M). Bullish P/C ratio of 0.62. P/C ratio rising 70% - increased hedging/bearish positioning. Declining open interest (down 32%) indicates positions being closed.

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 BULLISH
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 2 of results (avg 9.7%, best 9.5%)

CALLS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 1812.0013.20$12.609.5%280.76367
PUTS (1)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 185.806.40$6.109.8%370.50349

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. 25 found (avg delta 0.74, highest 0.99)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Aug 2118.3021.40$19.8515.6%420.99--
$210.00Aug 289.6011.10$10.3514.5%300.91134
$215.00Aug 213.306.00$4.6558.1%1770.87854
$217.50Aug 210.752.80$1.78115.2%350.86258
$205.00Aug 2113.3015.80$14.5517.2%20.85164
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$222.50Aug 210.954.20$2.58126.0%10.931
$220.00Aug 210.051.50$0.78185.9%100.78--
$225.00Aug 285.606.80$6.2019.4%30.771
$230.00Sep 1811.3012.90$12.1013.2%10.7470
$222.50Aug 283.805.40$4.6034.8%140.6514

Most actively traded options today. High liquidity = easy entry/exit. 77 active (total vol 1.8K, top 250)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 114.006.00$5.0040.0%2500.5023
$225.00Aug 280.651.50$1.0878.7%2490.25368
$215.00Aug 213.306.00$4.6558.1%1770.87854
$230.00Sep 182.102.65$2.3823.1%1280.271.7K
$220.00Sep 186.006.70$6.3511.0%1010.50604
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Sep 181.952.55$2.2526.7%1780.24673
$220.00Sep 185.806.40$6.109.8%370.50349
$205.00Aug 210.002.35$1.18199.2%270.15833
$210.00Aug 280.150.50$0.33106.1%240.09258
$217.50Aug 210.000.25$0.13192.3%220.1415

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 7 strikes (avg 1420.9%, max 2625.0%)

CALLS (4)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Aug 21Sep 18672.6%24.7%2625.0%49750
$212.50Aug 21Sep 4416.4%24.3%1612.3%11407
$225.00Aug 21Sep 25354.2%26.3%1248.8%50935
$220.00Aug 21Oct 257.4%23.6%143.4%901.4K
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$207.50Aug 21Aug 28783.7%29.1%2596.9%4137
$212.50Aug 21Aug 28416.4%24.7%1584.2%2338
$220.00Aug 21Sep 1857.4%24.4%135.4%47349

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 42 found (best R:R 57.82, avg 6.19)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$240.00$250.00Sep 18$0.17$9.83$0.1710%57.82$240.17
$210.00$220.00Sep 18$6.25$3.75$6.2576%0.60$216.25
$212.50$217.50Sep 4$3.30$1.70$3.3077%0.52$215.80
$210.00$220.00Sep 11$6.60$3.40$6.6078%0.52$216.60
$225.00$230.00Sep 11$1.08$3.92$1.0835%3.63$226.08
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$230.00$220.00Sep 18$6.00$4.00$6.0074%0.67$224.00
$210.00$205.00Oct 2$0.82$4.18$0.8228%5.10$209.18
$225.00$222.50Aug 28$1.60$0.90$1.6077%0.56$223.40
$220.00$217.50Aug 21$0.65$1.85$0.6578%2.85$219.35
$215.00$210.00Oct 2$1.45$3.55$1.4538%2.45$213.55

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 26 found (best R:R 0.30, avg 0.28)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$225.00$235.00Sep 25$3.17$3.17$6.8359%0.46$228.17
$230.00$240.00Sep 18$1.68$1.68$8.3274%0.20$231.68
$220.00$230.00Sep 18$3.97$3.97$6.0350%0.66$223.97
$220.00$222.50Aug 28$1.15$1.15$1.3551%0.85$221.15
$220.00$225.00Sep 11$2.17$2.17$2.8350%0.77$222.17
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$205.00$200.00Aug 21$1.15$1.15$3.8585%0.30$203.85
$197.50$195.00Aug 21$0.68$0.68$1.8288%0.37$196.82
$195.00$185.00Aug 21$0.47$0.47$9.5394%0.05$194.53
$200.00$195.00Sep 18$0.53$0.53$4.4789%0.12$199.47
$215.00$212.50Aug 28$0.55$0.55$1.9574%0.28$214.45

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

No setups found for this strategy

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 18 found (cheapest 0.42% of stock, avg 4.31%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$220.00Aug 21$0.15$0.78$0.93$219.07$220.930.42%
$217.50Aug 21$1.78$0.13$1.91$215.59$219.410.87%
$215.00Aug 21$4.65$0.28$4.93$210.07$219.932.25%
$220.00Aug 28$2.88$3.10$5.98$214.02$225.982.73%
$217.50Aug 28$4.25$1.95$6.20$211.30$223.702.83%
$222.50Aug 28$1.73$4.60$6.33$216.17$228.832.89%
$215.00Aug 28$5.90$1.20$7.10$207.90$222.103.24%
$225.00Aug 28$1.08$6.20$7.28$217.72$232.283.32%
$212.50Aug 21$6.90$0.55$7.45$205.05$219.953.40%
$212.50Aug 28$7.95$0.65$8.60$203.90$221.103.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 68 found (cheapest 0.13% of stock, avg 1.17%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$230.00$217.50Aug 21$0.15$0.13$0.28$217.22$230.28
$220.00$217.50Aug 21$0.15$0.13$0.28$217.22$220.28
$230.00$215.00Aug 21$0.15$0.28$0.43$214.57$230.43
$220.00$215.00Aug 21$0.15$0.28$0.43$214.57$220.43
$225.00$217.50Aug 21$0.55$0.13$0.68$216.82$225.68
$230.00$207.50Aug 28$0.43$0.30$0.73$206.77$230.73
$230.00$212.50Aug 21$0.15$0.55$0.70$211.80$230.70
$230.00$210.00Aug 28$0.43$0.33$0.76$209.24$230.76
$220.00$212.50Aug 21$0.15$0.55$0.70$211.80$220.70
$225.00$215.00Aug 21$0.55$0.28$0.83$214.17$225.83

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 0.45, avg credit $1.16)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
200/205225/230Aug 21$1.55$3.4568%0.45$203.45$226.55
210/212225/228Aug 28$0.75$1.7559%0.43$211.75$225.75
210/212228/230Aug 28$0.54$1.9668%0.28$211.96$228.04
212/215225/228Aug 28$0.98$1.5249%0.64$214.02$225.98
212/215228/230Aug 28$0.77$1.7358%0.45$214.23$228.27
195/198225/230Aug 21$1.08$3.9271%0.28$196.42$226.08
210/212232/240Aug 28$0.47$7.0376%0.07$212.03$232.97
195/200240/250Sep 18$0.70$9.3079%0.08$199.30$240.70
195/200230/240Sep 18$2.21$7.7963%0.28$197.79$232.21
185/195225/230Aug 21$0.87$9.1376%0.10$194.13$225.87

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 30 found (best R:R 3.65, cheapest $0.07)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$210.00$220.00$230.00Sep 18$2.28$7.7249%3.39
$215.00$225.00$235.00Sep 25$1.98$8.0244%4.05
$220.00$230.00$240.00Sep 18$2.29$7.7140%3.37
$217.50$220.00$222.50Aug 28$0.22$2.2827%10.36
$200.00$205.00$210.00Aug 21$0.35$4.6518%13.29
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$210.00$220.00$230.00Sep 18$2.15$7.8550%3.65
$217.50$220.00$222.50Aug 21$1.15$1.3579%1.17
$215.00$217.50$220.00Aug 21$0.80$1.7065%2.12
$200.00$205.00$210.00Oct 2$0.07$4.9313%70.43
$220.00$222.50$225.00Aug 28$0.10$2.4025%24.00

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 57 found (best net $-0.10, 38 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$220.001:2Sep 18-$0.10$9.90
$220.00$225.001:2Sep 11-$0.66$4.34
$212.50$217.501:2Sep 4-$2.35$2.65
$225.00$230.001:2Sep 11-$0.67$4.33
$220.00$222.501:2Aug 28-$0.58$1.92
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$220.001:2Sep 18-$0.10$9.90
$215.00$212.501:2Aug 28-$0.10$2.40
$220.00$217.501:2Aug 28-$0.80$1.70
$217.50$215.001:2Aug 28-$0.45$2.05
$212.50$210.001:2Aug 28-$0.01$2.49

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 17 found (best yield 2.01%, avg 0.97%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$225.00Sep 25$4.400.412.6%2.01%4.62%1216
$220.00Sep 18$6.000.500.3%2.74%3.06%101604
$220.00Oct 2$5.700.510.3%2.60%2.93%1--
$230.00Sep 18$2.100.274.9%0.96%5.85%1281.7K
$235.00Oct 2$1.000.257.2%0.46%7.62%1--
$220.00Sep 11$4.000.500.3%1.82%2.15%25023
$225.00Sep 11$2.350.352.6%1.07%3.68%1--
$220.00Sep 4$3.400.500.3%1.55%1.88%1--
$235.00Sep 25$0.600.207.2%0.27%7.44%14--
$230.00Sep 11$1.050.234.9%0.48%5.37%1--

Current 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Prior's 5-Minute Volume Snapshots

Time (HH:MM) Total Volume Call Volume Put Volume Volume Change
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Current Put/Call Breakdown

Total Calls 1,604
Total Puts 990
Put/Call Ratio 0.62
Net Difference 614

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 9,781
Total Puts 9,114
Average Put/Call Ratio 1.39
Ratio Trend Rising

Daily Put/Call History (Last 7 Days)

Date Calls Puts Ratio Net Diff
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Upcoming Earnings - 2 Weeks Prior

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Upcoming Earnings - 1 Week Prior

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Earnings This Week

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Earnings - Day Before / Day After

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Options Activity Around Earnings

Ticker Earnings Date Days Away Call Volume Put Volume IV Rank
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Chart Title

Price — Past 7 Days

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