Progressive (PGR) Options Chain

NYSE: PGRFinanceProperty-Casualty InsurersUSD

217.92-0.81 (-0.37%)

Market open · Delayed 15 min · as of Oct 9, 3:31 PM ET

Expiration date

Expiration: Oct 9, 2026
Days to expiration: 0
Share price: $217.89
Put/call ratio (OI): 1.83
Put/call ratio (volume): 1.77
ATM implied volatility: 22.8%
Expected move: ±$2.60
Open interest (C / P): 1.13K / 2.06K

PGR options summary

The PGR options chain for the October 9, 2026 expiration lists 18 call and 20 put contracts, expiring today. Open interest stands at 1,125 calls and 2,061 puts, a put/call ratio of 1.83, which is more bearish, with puts outnumbering calls. At-the-money implied volatility near the $217.50 strike is 22.8%, which implies the market expects a move of about ±$2.60 (1.2%) in Progressive stock by expiration.

The most open interest sits at the $230.00 call (184 contracts) and the $207.50 put (704 contracts).

Summary generated from market data by MetaCap's automated system. Methodology

PGR options chain · October 9, 2026

PGR calls and puts by strike price. Shaded cells are in the money.
Calls							Puts
OI	Vol	IV	Last	Bid	Ask	Strike	Bid	Ask	Last	IV	Vol	OI
—	—	—	—	—	—	130.00	0.00	2.15	0.75	597.7%	2	2
—	—	—	—	—	—	135.00	0.00	2.15	1.41	560.4%	1	1
—	—	—	—	—	—	175.00	0.00	2.15	0.42	296.3%	3	9
—	—	—	32.58	—	—	180.00	0.00	2.15	0.37	266.1%	6	6
—	—	—	30.11	—	—	182.50	—	—	—	—	—	—
—	—	—	—	—	—	185.00	0.00	2.15	0.05	236.3%	1	14
—	—	—	—	—	—	187.50	0.00	2.15	0.11	221.5%	—	1
—	—	—	—	—	—	190.00	0.00	2.15	0.18	206.6%	1	6
—	—	—	—	—	—	192.50	0.00	2.15	0.05	191.8%	1	9
—	—	—	—	—	—	195.00	0.00	1.05	0.30	146.7%	22	88
—	—	—	—	—	—	197.50	0.00	2.15	0.05	162.1%	4	300
1	1	109.9%	10.50	17.10	19.40	200.00	0.00	2.15	0.50	147.1%	2	186
49	1	54.7%	15.80	14.40	16.40	202.50	0.00	2.20	0.08	132.9%	3	81
19	6	95.1%	8.04	12.00	14.90	205.00	0.00	2.05	0.05	114.7%	227	314
64	1	85.3%	6.49	9.50	12.60	207.50	0.00	0.50	0.10	65.3%	3	704
26	11	66.8%	7.80	7.80	9.10	210.00	0.00	0.75	0.06	59.0%	12	254
31	7	59.8%	5.79	4.90	7.50	212.50	0.00	0.25	0.12	39.8%	8	6
146	41	31.1%	3.30	2.60	3.30	215.00	0.00	0.10	0.05	19.5%	35	42
62	42	30.7%	0.80	0.35	1.60	217.50	0.05	0.50	0.90	14.9%	12	13
PGR $217.89
182	17	37.2%	0.47	0.00	0.85	220.00	1.70	2.45	1.89	23.7%	1	25
88	6	62.8%	0.39	0.00	2.30	222.50	—	—	—	—	—	—
100	5	56.1%	0.23	0.00	0.45	225.00	—	—	—	—	—	—
—	—	—	0.06	—	—	227.50	—	—	—	—	—	—
184	50	105.7%	0.05	0.00	2.15	230.00	10.10	12.80	12.80	91.3%	—	0
10	1	131.6%	0.20	0.00	2.15	235.00	—	—	—	—	—	—
162	5	76.6%	0.34	0.00	0.05	240.00	—	—	—	—	—	—
1	—	239.8%	0.23	0.00	2.15	260.00	—	—	—	—	—	—

In-the-money callsIn-the-money puts. IV = implied volatility, OI = open interest (contracts). Each contract covers 100 shares. Quotes delayed at least 15 minutes.

Frequently asked questions

What is the PGR put/call ratio?

For the October 9, 2026 expiration, the PGR put/call ratio based on open interest is 1.83 (2,061 puts vs 1,125 calls), and 1.77 based on today's volume. A ratio above 1 means more puts than calls.

What is PGR's implied volatility?

At-the-money implied volatility for PGR options expiring October 9, 2026 is about 22.8%, an annualized estimate of how much the market expects Progressive stock to move.

How many PGR option expiration dates are there?

PGR has 16 listed expiration dates, from Oct 9, 2026 to Jan 19, 2029.

What does "in the money" mean?

A call is in the money when the strike price is below the current share price; a put is in the money when the strike is above it. In-the-money contracts have intrinsic value and are shaded in the table.