Tour v526
PGR
PROGRESSIVE CORP OH
$221.38 +0.38%
$224.66 (+1.48%)🌙
as of 09/02 06:50 PM
9/2 18:50

Option Volume

Detail
Current (09/02) 920
Calls: 617 (67%)
Puts: 303 (33%)
Prior (09/01) 1,298
Calls: 726 (56%)
Puts: 572 (44%)
Current vs Prior -29.12%
Calls: -15.01% (Calls)
Puts: -47.03% (Puts)
Prior 7-Day Total 10,629
Calls: 6,317 (59%)
Puts: 4,312 (41%)
Prior 7-Day Average 1,518
Calls: 902 (59%)
Puts: 616 (41%)
Current vs Prior 7-Day Avg -39.41%
Calls: -31.63%
Puts: -50.81%
Sentiment BULLISH

Dollar Volume

Detail
Current (09/02) $466.8K
Calls: $372.7K (80%)
Puts: $94.2K (20%)
Prior (09/01) $536.3K
Calls: $279.5K (52%)
Puts: $256.8K (48%)
Current vs Prior -12.95%
Calls: +33.35%
Puts: -63.33%
Prior 7-Day Total $6.27M
Calls: $4.54M (72%)
Puts: $1.73M (28%)
Prior 7-Day Average $895.5K
Calls: $648.0K (72%)
Puts: $247.5K (28%)
Current vs Prior 7-Day Avg -47.87%
Calls: -42.49%
Puts: -61.95%
Sentiment BULLISH

Put/Call Ratio

Detail
Current (09/02) 0.49
Prior (09/01) 0.79
Current vs Prior -37.67%
Prior 7-Day Average 0.87
Current vs Prior 7-Day Avg -43.29%
Sentiment BULLISH

Open Interest

Detail
Current (09/02) 10,847
Calls: 7,492 (69%)
Puts: 3,355 (31%)
Prior (09/01) 16,393
Calls: 10,565 (64%)
Puts: 5,828 (36%)
Current vs Prior -33.83%
Prior 7-Day Total 109,259
Calls: 62,402 (57%)
Puts: 46,857 (43%)
Prior 7-Day Average 15,608
Calls: 8,914 (57%)
Puts: 6,693 (43%)
Current vs Prior 7-Day Avg -30.51%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/04) | Next (09/11)Expiry (09/18) | Next (10/16)
Current 2.15% | 3.41%4.63% | 9.46%
Prior 2.68% | 3.63%4.72% | 9.88%
Current vs Prior -19.63% | -5.98%-1.82% | -4.26%
Prior 7-Day Avg 2.60% | 3.78%4.59% | 10.08%
Current vs 7-Day Avg -17.23% | -9.87%+0.88% | -6.11%
Prior 7-Day Eod 2.68% | 3.63%4.72% | 9.88%
Current vs 7-Day Eod -19.63% | -5.98%-1.82% | -4.26%
Sentiment BULLISHBULLISH

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

Strong bullish conviction with 80% of dollar volume in calls ($372.7K) vs puts ($94.2K). Extreme bullish P/C ratio of 0.49 - heavy call buying (617 calls vs 303 puts). P/C ratio dropping 38% - sentiment shifting bullish. Call-heavy open interest (7,492 calls vs 3,355 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 NEUTRAL
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 -- 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. 12 found (avg delta 0.73, highest 0.96)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 1820.2023.10$21.6513.4%10.96243
$215.00Sep 45.507.40$6.4529.5%30.898
$210.00Sep 410.2012.40$11.3019.5%10.83--
$215.00Sep 116.408.00$7.2022.2%50.80--
$210.00Oct 1614.6016.50$15.5512.2%30.7311
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$225.00Sep 43.205.10$4.1545.8%10.781
$230.00Oct 1611.5013.10$12.3013.0%70.65--
$225.00Sep 185.506.90$6.2022.6%10.63--
$222.50Sep 41.652.90$2.2854.8%10.602
$225.00Sep 256.407.70$7.0518.4%10.60--

Most actively traded options today. High liquidity = easy entry/exit. 60 active (total vol 642, top 300)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$240.00Oct 90.302.10$1.20150.0%3000.14--
$240.00Sep 110.050.15$0.10100.0%260.032
$230.00Sep 181.051.90$1.4857.4%160.231.8K
$225.00Sep 40.350.85$0.6083.3%130.2254
$227.50Sep 40.050.30$0.18138.9%100.09--
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$200.00Sep 180.100.50$0.30133.3%390.05537
$210.00Sep 180.801.25$1.0244.1%330.16773
$207.50Sep 110.050.50$0.28160.7%320.07--
$215.00Sep 40.050.50$0.28160.7%210.1115
$210.00Oct 20.702.40$1.55109.7%160.204

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 52.5%, max 202.5%)

CALLS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$210.00Sep 4Oct 1676.6%25.3%202.5%411
$225.00Sep 4Sep 1829.3%24.0%21.8%1887
PUTS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$217.50Sep 4Sep 1129.7%23.2%27.9%4491
$220.00Sep 4Oct 1626.1%23.7%10.2%632
$210.00Sep 18Oct 1625.3%25.3%0.1%37847

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 39 found (best R:R 28.41, avg 8.70)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$230.00Oct 16$11.00$9.00$11.0074%0.82$221.00
$225.00$227.50Sep 18$0.63$1.87$0.6337%2.97$225.63
$225.00$227.50Sep 11$0.47$2.03$0.4731%4.32$225.47
$250.00$260.00Oct 16$0.45$9.55$0.4510%21.22$250.45
$222.50$225.00Sep 4$0.57$1.93$0.5740%3.39$223.07
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$210.00$205.00Oct 2$0.17$4.83$0.1720%28.41$209.83
$205.00$200.00Oct 9$0.40$4.60$0.4016%11.50$204.60
$195.00$185.00Oct 2$0.20$9.80$0.207%49.00$194.80
$230.00$220.00Oct 16$5.50$4.50$5.5065%0.82$224.50
$225.00$220.00Sep 25$2.55$2.45$2.5560%0.96$222.45

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 32 found (best R:R 0.40, avg 0.24)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$235.00$240.00Oct 9$0.95$0.95$4.0577%0.23$235.95
$225.00$227.50Sep 4$0.42$0.42$2.0878%0.20$225.42
$230.00$240.00Oct 16$2.45$2.45$7.5565%0.32$232.45
$232.50$240.00Sep 11$0.35$0.35$7.1589%0.05$232.85
$240.00$250.00Oct 16$1.20$1.20$8.8080%0.14$241.20
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$220.00$205.00Oct 9$4.32$4.32$10.6854%0.40$215.68
$215.00$210.00Oct 2$1.83$1.83$3.1767%0.58$213.17
$210.00$200.00Oct 16$1.75$1.75$8.2573%0.21$208.25
$210.00$200.00Sep 18$0.72$0.72$9.2884%0.08$209.28
$217.50$215.00Sep 11$0.73$0.73$1.7768%0.41$216.77

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 2 found (avg debit $1.35, cheapest $1.28)

CALLS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$222.50Sep 4Sep 11$1.2826.3%22.2%
PUTS (1)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Sep 4Sep 11$1.4226.1%22.1%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 10 found (cheapest 1.56% of stock, avg 4.84%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$222.50Sep 4$1.17$2.28$3.45$219.05$225.951.56%
$225.00Sep 4$0.60$4.15$4.75$220.25$229.752.15%
$215.00Sep 4$6.45$0.28$6.73$208.27$221.733.04%
$217.50Sep 11$5.30$1.68$6.98$210.52$224.483.15%
$215.00Sep 11$7.20$0.95$8.15$206.85$223.153.68%
$225.00Sep 18$2.73$6.20$8.93$216.07$233.934.03%
$220.00Sep 25$6.05$4.50$10.55$209.45$230.554.77%
$230.00Oct 16$4.55$12.30$16.85$213.15$246.857.61%
$210.00Oct 16$15.55$3.33$18.88$191.12$228.888.53%
$200.00Sep 18$21.65$0.30$21.95$178.05$221.959.92%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 63 found (cheapest 0.21% of stock, avg 1.57%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$227.50$215.00Sep 4$0.18$0.28$0.46$214.54$227.96
$240.00$200.00Sep 18$0.45$0.30$0.75$199.25$240.75
$227.50$217.50Sep 4$0.18$0.55$0.73$216.77$228.23
$225.00$215.00Sep 4$0.60$0.28$0.88$214.12$225.88
$232.50$212.50Sep 11$0.45$0.57$1.02$211.48$233.52
$225.00$217.50Sep 4$0.60$0.55$1.15$216.35$226.15
$232.50$215.00Sep 11$0.45$0.95$1.40$213.60$233.90
$240.00$210.00Sep 18$0.45$1.02$1.47$208.53$241.47
$227.50$212.50Sep 11$0.98$0.57$1.55$210.95$229.05
$232.50$195.00Sep 11$0.45$1.30$1.75$193.25$234.25

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 21 found (best R:R 0.32, avg credit $1.38)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
212/215225/228Sep 4$0.60$1.9067%0.32$214.40$225.60
215/218225/228Sep 11$1.20$1.3037%0.92$216.30$226.20
215/218225/228Sep 4$0.69$1.8157%0.38$216.81$225.69
212/215225/228Sep 11$0.85$1.6548%0.52$214.15$225.85
200/205235/240Oct 9$1.35$3.6561%0.37$203.65$236.35
208/212228/232Sep 11$0.82$4.1864%0.20$211.68$228.32
208/212232/240Sep 11$0.64$6.8676%0.09$211.86$233.14
212/215228/232Sep 11$0.91$4.0957%0.22$214.09$228.41
210/215228/230Sep 18$1.58$3.4242%0.46$213.42$229.08
215/218228/232Sep 11$1.26$3.7446%0.34$216.24$228.76

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 16 found (best R:R 3.93, cheapest $0.09)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$222.50$225.00$227.50Sep 4$0.15$2.3531%15.67
$230.00$240.00$250.00Oct 16$1.25$8.7525%7.00
$240.00$250.00$260.00Oct 16$0.75$9.2514%12.33
$222.50$225.00$227.50Sep 11$0.53$1.9722%3.72
$222.50$225.00$227.50Sep 18$0.44$2.0616%4.68
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$210.00$220.00$230.00Oct 16$2.03$7.9738%3.93
$215.00$217.50$220.00Sep 11$0.09$2.4122%26.78
$190.00$200.00$210.00Sep 18$0.55$9.4514%17.18
$200.00$210.00$220.00Oct 16$1.72$8.2832%4.81
$212.50$215.00$217.50Sep 4$0.09$2.4116%26.78

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 46 found (best net $-1.30, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$210.00$215.001:2Sep 4-$1.60$3.40
$222.50$225.001:2Sep 4-$0.03$2.47
$250.00$260.001:2Oct 16$0.00$10.00
$235.00$240.001:2Oct 9-$0.25$4.75
$222.50$225.001:2Sep 11-$0.45$2.05
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$230.00$220.001:2Oct 16-$1.30$8.70
$225.00$222.501:2Sep 4-$0.41$2.09
$215.00$210.001:2Sep 18-$0.06$4.94
$225.00$220.001:2Sep 25-$1.95$3.05
$220.00$217.501:2Sep 4-$0.02$2.48

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 18 found (best yield 1.81%, avg 0.56%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$230.00Oct 16$4.000.353.9%1.81%5.70%3340
$240.00Oct 16$1.650.208.4%0.75%9.16%7759
$235.00Oct 9$1.300.236.2%0.59%6.74%1--
$222.50Sep 18$3.300.460.5%1.49%2.00%12
$225.00Sep 18$2.350.371.6%1.06%2.70%533
$250.00Oct 16$0.600.1012.9%0.27%13.20%2--
$230.00Sep 25$1.150.263.9%0.52%4.41%120
$227.50Sep 18$1.400.302.8%0.63%3.40%13
$230.00Sep 18$1.050.233.9%0.47%4.37%161.8K
$240.00Oct 9$0.300.148.4%0.14%8.55%300--

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 617
Total Puts 303
Put/Call Ratio 0.49
Net Difference 314

Prior's Put/Call Breakdown

Total Calls 726
Total Puts 572
Put/Call Ratio 0.79
Net Difference 154

Prior 7-Day Put/Call Summary

Total Calls 6,317
Total Puts 4,312
Average Put/Call Ratio 0.87
Ratio Trend Falling

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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