Tour v527
PGR
PROGRESSIVE CORP OH
$217.62 +0.66%
$217.18 (-0.20%)🌙
as of 09/11 06:51 PM
9/11 18:51

Option Volume

Detail
Current (09/11) 2,737
Calls: 1,056 (39%)
Puts: 1,681 (61%)
Prior (09/10) 1,281
Calls: 912 (71%)
Puts: 369 (29%)
Current vs Prior +113.66%
Calls: +15.79% (Calls)
Puts: +355.56% (Puts)
Prior 7-Day Total 10,091
Calls: 6,912 (68%)
Puts: 3,179 (32%)
Prior 7-Day Average 1,441
Calls: 987 (68%)
Puts: 454 (32%)
Current vs Prior 7-Day Avg +89.86%
Calls: +6.94%
Puts: +270.15%
Sentiment BEARISH

Dollar Volume

Detail
Current (09/11) $1.09M
Calls: $343.0K (31%)
Puts: $747.1K (69%)
Prior (09/10) $599.2K
Calls: $282.0K (47%)
Puts: $317.2K (53%)
Current vs Prior +81.94%
Calls: +21.64%
Puts: +135.55%
Prior 7-Day Total $4.71M
Calls: $3.41M (72%)
Puts: $1.30M (28%)
Prior 7-Day Average $673.2K
Calls: $487.7K (72%)
Puts: $185.5K (28%)
Current vs Prior 7-Day Avg +61.94%
Calls: -29.66%
Puts: +302.81%
Sentiment BEARISH

Put/Call Ratio

Detail
Current (09/11) 1.59
Prior (09/10) 0.40
Current vs Prior +293.43%
Prior 7-Day Average 0.60
Current vs Prior 7-Day Avg +165.41%
Sentiment BEARISH

Open Interest

Detail
Current (09/11) 12,452
Calls: 7,635 (61%)
Puts: 4,817 (39%)
Prior (09/10) 11,067
Calls: 4,701 (42%)
Puts: 6,366 (58%)
Current vs Prior +12.51%
Prior 7-Day Total 96,982
Calls: 64,917 (67%)
Puts: 32,065 (33%)
Prior 7-Day Average 13,854
Calls: 9,273 (67%)
Puts: 4,580 (33%)
Current vs Prior 7-Day Avg -10.12%
Sentiment BEARISH

Expected Move

Detail
Expiry (09/11) | Next (09/18)Expiry (09/18) | Next (10/16)
Current 1.52% | 3.51%3.51% | 9.03%
Prior 1.87% | 3.86%3.86% | 9.16%
Current vs Prior +87.16% | +14.81%-9.22% | -1.41%
Prior 7-Day Avg 2.34% | 3.75%4.27% | 9.47%
Current vs 7-Day Avg +49.71% | +18.24%-17.85% | -4.63%
Prior 7-Day Eod 1.87% | 3.86%3.86% | 9.16%
Current vs 7-Day Eod +87.16% | +14.81%-9.22% | -1.41%
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 bearish flow with 69% put dollar volume ($747.1K). Elevated premium activity with dollar volume up 82% vs prior. Dollar volume significantly above 7-day average (62% higher). Unusually high activity with volume up 114% vs prior - elevated interest.

Smart Money BEARISH
Retail Flow BEARISH
Overall BEARISH
Dollar Volume
Option Volume
Put/Call Ratio
Open Interest
Expected Move
Current BEARISH
Prior BEARISH
7-Day Avg BULLISH
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BEARISH
Prior BULLISH
7-Day Avg NEUTRAL
Current BULLISH
Prior BEARISH
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 7.8%, best 7.7%)

CALLS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$230.00Oct 162.502.70$2.607.7%150.25988
$215.00Oct 97.207.80$7.508.0%20.5836
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. 10 found (avg delta 0.64, highest 0.80)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$215.00Sep 110.552.95$1.75137.1%20.80172
$212.50Sep 185.507.00$6.2524.0%40.76--
$212.50Sep 113.405.60$4.5048.9%40.765
$215.00Sep 183.905.10$4.5026.7%20.64--
$217.50Sep 110.000.40$0.20200.0%30.63--
PUTS (2)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$220.00Oct 96.507.60$7.0515.6%60.561
$220.00Oct 167.508.30$7.9010.1%10.55--

Most actively traded options today. High liquidity = easy entry/exit. 53 active (total vol 2.4K, top 795)

CALLS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$217.50Sep 182.553.60$3.0834.1%2670.5057
$230.00Oct 91.552.35$1.9541.0%1820.2291
$220.00Sep 181.652.40$2.0336.9%1700.38629
$227.50Sep 180.050.85$0.45177.8%1260.1225
$225.00Sep 180.400.80$0.6066.7%620.16158
PUTS (5)
StrikeExpiryBidAskMarkSpreadVolDeltaOI
$210.00Oct 163.504.00$3.7513.3%7950.32198
$217.50Sep 182.353.60$2.9841.9%3510.50--
$207.50Sep 180.150.60$0.38118.4%1250.103
$215.00Sep 181.352.40$1.8855.9%1250.3615
$212.50Sep 180.651.45$1.0576.2%200.248

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 1153.0%, max 2702.3%)

CALLS (3)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$230.00Sep 11Oct 16743.5%26.5%2702.3%241.1K
$222.50Sep 11Sep 18434.9%25.4%1615.2%639
$215.00Sep 11Oct 9190.9%23.3%719.4%4208
PUTS (2)
StrikeNear ExpFar ExpNear IVFar IVBack%VolOI
$215.00Sep 11Oct 9190.9%23.3%719.4%5433
$210.00Sep 18Oct 1627.7%25.5%8.8%805931

Bull call spreads & bear put spreads with the best risk/reward ratios. Pay a debit upfront, defined max loss. 29 found (best R:R 0.61, avg 7.33)

BULL CALL (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$215.00$217.50Sep 11$1.55$0.95$1.5580%0.61$216.55
$225.00$227.50Sep 18$0.15$2.35$0.1516%15.67$225.15
$227.50$230.00Sep 18$0.12$2.38$0.1212%19.83$227.62
$230.00$240.00Oct 2$0.75$9.25$0.7518%12.33$230.75
$215.00$217.50Sep 18$1.42$1.08$1.4264%0.76$216.42
BEAR PUT (5)
BuySellExpiryDebitMax GainMax LossPOPR:RBE
$195.00$185.00Oct 9$0.32$9.68$0.3210%30.25$194.68
$212.50$210.00Sep 18$0.25$2.25$0.2524%9.00$212.25
$205.00$195.00Oct 9$0.88$9.12$0.8820%10.36$204.12
$210.00$205.00Oct 9$0.97$4.03$0.9729%4.15$209.03
$220.00$210.00Oct 16$4.15$5.85$4.1555%1.41$215.85

Bear call spreads & bull put spreads collecting premium. Receive credit upfront, profit if stock stays in range. 22 found (best R:R 0.47, avg 0.27)

BEAR CALL (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$230.00$240.00Oct 16$1.72$1.72$8.2875%0.21$231.72
$225.00$235.00Sep 25$1.18$1.18$8.8275%0.13$226.18
$225.00$230.00Oct 2$1.15$1.15$3.8571%0.30$226.15
$222.50$225.00Sep 18$0.57$0.57$1.9374%0.30$223.07
$220.00$222.50Sep 18$0.86$0.86$1.6462%0.52$220.86
BULL PUT (5)
SellBuyExpiryCreditMax GainMax LossPOPR:RBE
$197.50$195.00Sep 18$0.80$0.80$1.7088%0.47$196.70
$195.00$180.00Sep 18$0.27$0.27$14.7395%0.02$194.73
$215.00$210.00Sep 25$1.60$1.60$3.4060%0.47$213.40
$210.00$207.50Sep 18$0.42$0.42$2.0882%0.20$209.58
$210.00$200.00Oct 16$2.08$2.08$7.9268%0.26$207.92

Same strike, different expirations. Sell near-term, buy far-term. Profits from time decay differential. 4 found (avg debit $2.56, cheapest $3.77)

CALLS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Sep 18Oct 16$3.7726.1%26.5%
$217.50Sep 11Sep 18$2.8820.6%24.7%
PUTS (2)
StrikeNear ExpFar ExpNet DebitNear IVFar IV
$220.00Oct 9Oct 16$0.8525.8%26.5%
$217.50Sep 11Sep 18$2.7320.6%24.7%

Buy call + put at the same strike and expiry. Profits from large moves in either direction. 8 found (cheapest 0.21% of stock, avg 3.26%)

StrikeExpiryCall$Put$TotalBE LowBE HighCost%
$217.50Sep 11$0.20$0.25$0.45$217.05$217.950.21%
$215.00Sep 11$1.75$0.35$2.10$212.90$217.100.96%
$217.50Sep 18$3.08$2.98$6.06$211.44$223.562.78%
$215.00Sep 18$4.50$1.88$6.38$208.62$221.382.93%
$212.50Sep 18$6.25$1.05$7.30$205.20$219.803.35%
$215.00Sep 25$5.60$3.13$8.73$206.27$223.734.01%
$215.00Oct 9$7.50$4.50$12.00$203.00$227.005.51%
$220.00Oct 16$5.80$7.90$13.70$206.30$233.706.30%

Buy OTM call + OTM put at different strikes. Cheaper than straddles, needs bigger move to profit. 54 found (cheapest 0.52% of stock, avg 1.38%)

Call KPut KExpiryCall$Put$TotalBE LowBE High
$230.00$210.00Sep 18$0.33$0.80$1.13$208.87$231.13
$227.50$210.00Sep 18$0.45$0.80$1.25$208.75$228.75
$225.00$210.00Sep 18$0.60$0.80$1.40$208.60$226.40
$225.00$215.00Sep 11$1.08$0.35$1.43$213.57$226.43
$230.00$215.00Sep 11$1.08$0.35$1.43$213.57$231.43
$230.00$197.50Sep 18$0.33$1.10$1.43$196.07$231.43
$222.50$217.50Sep 11$1.08$0.25$1.33$216.17$223.83
$232.50$215.00Sep 11$1.08$0.35$1.43$213.57$233.93
$222.50$215.00Sep 11$1.08$0.35$1.43$213.57$223.93
$227.50$197.50Sep 18$0.45$1.10$1.55$195.95$229.05

Sell OTM put spread + OTM call spread. Collect premium, profit if stock stays between breakevens. 14 found (best R:R 1.21, avg credit $1.05)

Put SpreadCall SpreadExpiryCreditMax LossPOPR:RBE LowBE High
195/198222/225Sep 18$1.37$1.1362%1.21$196.13$223.87
195/198228/230Sep 18$0.92$1.5877%0.58$196.58$228.42
195/198225/228Sep 18$0.95$1.5572%0.61$196.55$225.95
208/210222/225Sep 18$0.99$1.5156%0.66$209.01$223.49
208/210228/230Sep 18$0.54$1.9671%0.28$209.46$228.04
208/210225/228Sep 18$0.57$1.9366%0.30$209.43$225.57
210/212222/225Sep 18$0.82$1.6850%0.49$211.68$223.32
210/212228/230Sep 18$0.37$2.1364%0.17$212.13$227.87
210/212225/228Sep 18$0.40$2.1060%0.19$212.10$225.40
195/200230/240Oct 16$2.34$7.6659%0.31$197.66$232.34

Buy lower + upper strikes, sell 2x middle strike. Low cost, max profit at the middle strike at expiry. 15 found (best R:R 2.52, cheapest $0.19)

CALLS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$215.00$225.00$235.00Sep 25$2.84$7.1652%2.52
$220.00$230.00$240.00Oct 16$1.48$8.5234%5.76
$217.50$220.00$222.50Sep 18$0.19$2.3124%12.16
$212.50$215.00$217.50Sep 18$0.33$2.1726%6.58
$220.00$222.50$225.00Sep 18$0.29$2.2122%7.62
PUTS (5)
LowMidHighExpiryDebitMax GainPOPR:R
$200.00$210.00$220.00Oct 16$2.07$7.9339%3.83
$185.00$195.00$205.00Oct 9$0.56$9.4414%16.86
$212.50$215.00$217.50Sep 18$0.27$2.2326%8.26
$210.00$215.00$220.00Oct 9$0.75$4.2526%5.67
$205.00$210.00$215.00Oct 9$0.83$4.1723%5.02

Buy 1 option, sell 2 at a different strike (1:2 ratio). Can be entered for a credit. Unlimited risk on naked leg. 39 found (best net $-0.10, 24 credits)

CALLS (5)
Buy KSell KRatioExpiryNetMax Gain
$225.00$230.001:2Oct 2-$0.10$4.90
$220.00$222.501:2Sep 18-$0.31$2.19
$222.50$225.001:2Sep 18-$0.03$2.47
$230.00$235.001:2Sep 18-$0.17$4.83
$217.50$220.001:2Sep 18-$0.98$1.52
PUTS (5)
Buy KSell KRatioExpiryNetMax Gain
$215.00$210.001:2Oct 9-$0.90$4.10
$220.00$215.001:2Oct 9-$1.95$3.05
$215.00$212.501:2Sep 18-$0.22$2.28
$195.00$185.001:2Oct 9-$0.21$9.79
$210.00$205.001:2Oct 9-$0.76$4.24

Sell OTM calls against 100 shares you own. Collect premium for income, capped upside at strike. Yield% = premium/stock price. 11 found (best yield 1.75%, avg 0.83%)

StrikeExpiryBidDeltaOTM%Yield%If Called%VolOI
$225.00Oct 23$3.800.363.4%1.75%5.14%1--
$220.00Oct 16$5.100.451.1%2.34%3.44%2131
$230.00Oct 16$2.500.255.7%1.15%6.84%15988
$230.00Oct 9$1.550.225.7%0.71%6.40%18291
$225.00Oct 2$1.600.293.4%0.74%4.13%2--
$240.00Oct 16$0.700.1110.3%0.32%10.61%14767
$225.00Sep 25$1.200.253.4%0.55%3.94%343
$230.00Oct 2$0.450.185.7%0.21%5.90%112
$220.00Sep 18$1.650.381.1%0.76%1.85%170629
$222.50Sep 18$0.950.262.2%0.44%2.68%415

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 1,056
Total Puts 1,681
Put/Call Ratio 1.59
Net Difference -625

Prior's Put/Call Breakdown

Total Calls 912
Total Puts 369
Put/Call Ratio 0.40
Net Difference 543

Prior 7-Day Put/Call Summary

Total Calls 6,912
Total Puts 3,179
Average Put/Call Ratio 0.60
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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