Tour v526
PGR
PROGRESSIVE CORP OH
$222.09 -0.82%
$224.73 (+1.19%)🌙
as of 08/25 06:55 PM
(8/21 18:57) ◀
|
Tuesday, August 25, 2026 (6:55pm)
January 2026
|
▶ (8/26 18:56)
◀ 8/25 18:55 ▶

Option Volume

Detail
ℹ
Current (08/25) 1,808
Calls: 1,195 (66%)
Puts: 613 (34%)
Prior (08/21) 2,594
Calls: 1,604 (62%)
Puts: 990 (38%)
Current vs Prior -30.30%
Calls: -25.50% (Calls)
Puts: -38.08% (Puts)
Prior 7-Day Total 18,375
Calls: 9,987 (54%)
Puts: 8,388 (46%)
Prior 7-Day Average 2,625
Calls: 1,426 (54%)
Puts: 1,198 (46%)
Current vs Prior 7-Day Avg -31.12%
Calls: -16.24%
Puts: -48.84%
Sentiment BULLISH

Dollar Volume

Detail
ℹ
Current (08/25) $1.68M
Calls: $1.40M (83%)
Puts: $284.9K (17%)
Prior (08/21) $1.55M
Calls: $1.15M (74%)
Puts: $401.1K (26%)
Current vs Prior +8.69%
Calls: +21.86%
Puts: -28.97%
Prior 7-Day Total $8.43M
Calls: $5.45M (65%)
Puts: $2.98M (35%)
Prior 7-Day Average $1.20M
Calls: $778.3K (65%)
Puts: $426.2K (35%)
Current vs Prior 7-Day Avg +39.74%
Calls: +79.66%
Puts: -33.15%
Sentiment BULLISH

Put/Call Ratio

Detail
ℹ
Current (08/25) 0.51
Prior (08/21) 0.62
Current vs Prior -16.89%
Prior 7-Day Average 1.31
Current vs Prior 7-Day Avg -60.76%
Sentiment BULLISH

Open Interest

Detail
ℹ
Current (08/25) 15,788
Calls: 7,500 (48%)
Puts: 8,288 (52%)
Prior (08/21) 22,921
Calls: 13,610 (59%)
Puts: 9,311 (41%)
Current vs Prior -31.12%
Prior 7-Day Total 185,516
Calls: 97,555 (53%)
Puts: 87,961 (47%)
Prior 7-Day Average 26,502
Calls: 13,936 (53%)
Puts: 12,565 (47%)
Current vs Prior 7-Day Avg -40.43%
Sentiment BULLISH

Expected Move

Detail
ℹ
Expiry (08/28) | Next (09/04)Expiry (09/18) | Next (10/16)
Current 2.56% | 3.80%5.67% | 10.40%
Prior 3.35% | 4.42%1.17% | 8.53%
Current vs Prior -23.70% | -13.99%+385.94% | +21.97%
Prior 7-Day Avg 2.75% | 4.10%2.71% | 8.75%
Current vs 7-Day Avg -7.08% | -7.12%+109.73% | +18.85%
Prior 7-Day Eod 3.35% | 4.42%1.17% | 8.53%
Current vs 7-Day Eod -23.70% | -13.99%+385.94% | +21.97%
Sentiment BULLISHBEARISH

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 83% of dollar volume in calls ($1.40M) vs puts ($284.9K). Bullish P/C ratio of 0.51. Declining open interest (down 31%) 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 NEUTRAL
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 7.0%, best 5.8%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$187.50Aug 2833.4035.40$34.405.8%120.91--
$185.00Aug 2835.5038.50$37.008.1%120.91--
PUTS (0)
No puts meet the criteria

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. 9 found (avg delta 0.66, highest 0.91)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$185.00Aug 2835.5038.50$37.008.1%120.91--
$187.50Aug 2833.4035.40$34.405.8%120.91--
$220.00Aug 282.903.80$3.3526.9%60.67168
$220.00Sep 44.005.70$4.8535.1%30.617
$220.00Sep 186.707.60$7.1512.6%30.58654
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Sep 189.5010.50$10.0010.0%50.6970
$222.50Aug 281.752.90$2.3349.4%620.5433

Most actively traded options today. High liquidity = easy entry/exit. 48 active (total vol 506, top 100)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Sep 111.251.95$1.6043.7%810.25--
$225.00Sep 184.004.90$4.4520.2%240.448
$230.00Sep 182.503.20$2.8524.6%140.311.8K
$185.00Aug 2835.5038.50$37.008.1%120.91--
$187.50Aug 2833.4035.40$34.405.8%120.91--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Sep 112.404.40$3.4058.8%1000.416
$222.50Aug 281.752.90$2.3349.4%620.5433
$220.00Sep 183.804.70$4.2521.2%270.42359
$200.00Sep 180.250.80$0.53103.8%240.07561
$215.00Aug 280.050.50$0.28160.7%110.10--

Term structure inversion — near-term IV higher than far-term IV at the same strike. Signals expected near-term catalyst or volatility event. 1 strikes (avg 6.7%, max 6.7%)

CALLS (1)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$222.50Sep 4Sep 1824.9%23.4%6.7%1012
PUTS (0)
No puts found

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 14.15, avg 9.81)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$225.00$227.50Sep 18$0.80$1.70$0.8044%2.12$225.80
$230.00$237.50Aug 28$0.18$7.32$0.1811%40.67$230.18
$222.50$227.50Sep 4$1.78$3.22$1.7849%1.81$224.28
$227.50$230.00Sep 4$0.55$1.95$0.5529%3.55$228.05
$227.50$230.00Sep 18$0.80$1.70$0.8037%2.13$228.30
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$205.00Sep 18$0.33$4.67$0.3317%14.15$209.67
$210.00$205.00Sep 4$0.18$4.82$0.1811%26.78$209.82
$197.50$190.00Sep 18$0.13$7.37$0.136%56.69$197.37
$200.00$197.50Sep 18$0.10$2.40$0.107%24.00$199.90
$230.00$220.00Sep 18$5.75$4.25$5.7569%0.74$224.25

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 23 found (best R:R 0.10, avg 0.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$230.00$260.00Sep 18$2.65$2.65$27.3569%0.10$232.65
$225.00$230.00Sep 25$2.20$2.20$2.8055%0.79$227.20
$225.00$227.50Aug 28$0.53$0.53$1.9772%0.27$225.53
$222.50$225.00Sep 18$1.25$1.25$1.2550%1.00$223.75
$227.50$230.00Sep 11$0.75$0.75$1.7567%0.43$228.25
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$215.00$190.00Sep 25$2.80$2.80$22.2069%0.13$212.20
$220.00$195.00Sep 11$3.02$3.02$21.9859%0.14$216.98
$215.00$210.00Sep 18$1.35$1.35$3.6571%0.37$213.65
$202.50$200.00Aug 28$0.15$0.15$2.3595%0.06$202.35
$220.00$215.00Aug 28$0.74$0.74$4.2667%0.17$219.26

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 3 found (avg debit $2.03, cheapest $2.22)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$222.50Sep 4Sep 18$2.2224.9%23.4%
$220.00Aug 28Sep 4$1.5023.4%22.6%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Aug 28Sep 11$2.3823.4%23.2%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 3 found (cheapest 1.97% of stock, avg 4.30%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$220.00Aug 28$3.35$1.02$4.37$215.63$224.371.97%
$220.00Sep 18$7.15$4.25$11.40$208.60$231.405.13%
$230.00Sep 18$2.85$10.00$12.85$217.15$242.855.79%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 39 found (cheapest 0.27% of stock, avg 1.66%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$230.00$215.00Aug 28$0.33$0.28$0.61$214.39$230.61
$227.50$215.00Aug 28$0.35$0.28$0.63$214.37$228.13
$240.00$205.00Sep 4$0.33$0.40$0.73$204.27$240.73
$240.00$210.00Sep 4$0.33$0.58$0.91$209.09$240.91
$225.00$215.00Aug 28$0.88$0.28$1.16$213.84$226.16
$230.00$195.00Aug 28$0.33$1.08$1.41$193.59$231.41
$240.00$215.00Aug 28$1.10$0.28$1.38$213.62$241.38
$227.50$195.00Aug 28$0.35$1.08$1.43$193.57$228.93
$227.50$220.00Aug 28$0.35$1.02$1.37$218.63$228.87
$230.00$220.00Aug 28$0.33$1.02$1.35$218.65$231.35

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 13 found (best R:R 0.37, avg credit $1.66)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
200/202225/228Aug 28$0.68$1.8267%0.37$201.82$225.68
200/202230/238Aug 28$0.33$7.1784%0.05$202.17$230.33
210/215225/228Aug 28$0.73$4.2762%0.17$214.27$225.73
210/215230/238Aug 28$0.38$7.1279%0.05$214.62$230.38
205/210228/230Sep 4$0.73$4.2760%0.17$209.27$228.23
215/220225/228Aug 28$1.27$3.7339%0.34$218.73$226.27
205/210230/240Sep 4$1.00$9.0067%0.11$209.00$231.00
215/220230/238Aug 28$0.92$6.5856%0.14$219.08$230.92
190/198230/260Sep 18$2.78$27.2263%0.10$194.72$232.78
198/200230/260Sep 18$2.75$27.2562%0.10$197.25$232.75

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 8 found (best R:R 14.62, cheapest $0.20)

CALLS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$220.00$225.00$230.00Sep 25$0.60$4.4024%7.33
$220.00$222.50$225.00Sep 18$0.20$2.3014%11.50
$225.00$227.50$230.00Aug 28$0.51$1.9917%3.90
$222.50$225.00$227.50Sep 18$0.45$2.0513%4.56
PUTS (4)
LowMidHighExpiryDebitMax GainPOPR:R
$210.00$215.00$220.00Sep 18$0.32$4.6826%14.62
$210.00$215.00$220.00Aug 28$0.54$4.4630%8.26
$205.00$210.00$215.00Aug 28$0.35$4.655%13.29
$205.00$210.00$215.00Sep 18$1.02$3.9817%3.90

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 34 found (best net $-1.00, 19 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$225.00$230.001:2Sep 25-$1.00$4.00
$227.50$230.001:2Sep 4-$0.60$1.90
$227.50$230.001:2Aug 28-$0.31$2.19
$220.00$225.001:2Sep 25-$2.60$2.40
$227.50$230.001:2Sep 11-$0.85$1.65
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$220.00$215.001:2Sep 18-$0.91$4.09
$205.00$200.001:2Sep 18-$0.16$4.84
$210.00$205.001:2Sep 4-$0.22$4.78
$197.50$190.001:2Sep 18-$0.17$7.33
$210.00$205.001:2Sep 18-$0.57$4.43

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 14 found (best yield 2.30%, avg 1.02%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$225.00Sep 25$5.100.451.3%2.30%3.61%12--
$222.50Sep 18$5.200.500.2%2.34%2.53%2--
$227.50Sep 18$3.300.372.4%1.49%3.92%3--
$225.00Sep 18$4.000.441.3%1.80%3.11%248
$230.00Sep 25$2.700.323.6%1.22%4.78%23
$230.00Sep 18$2.500.313.6%1.13%4.69%141.8K
$227.50Sep 11$2.100.332.4%0.95%3.38%7--
$230.00Sep 11$1.250.253.6%0.56%4.12%81--
$222.50Sep 4$2.750.490.2%1.24%1.42%812
$227.50Sep 4$1.200.292.4%0.54%2.98%2--

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 1,195
Total Puts 613
Put/Call Ratio 0.51
Net Difference 582

Prior's Put/Call Breakdown

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

Prior 7-Day Put/Call Summary

Total Calls 9,987
Total Puts 8,388
Average Put/Call Ratio 1.31
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