The Progressive Corporation (PGR) Options Chain
The options chain displays all available contracts with real-time quotes, Greeks, volume, and open interest for each strike and expiration. It is the primary tool for options trade selection.
The Progressive Corporation (PGR) operates in the Financial Services sector, specifically the Insurance - Property & Casualty industry, with a market capitalization near $114.51B, listed on NYSE, employing roughly 66,308 people, carrying a beta of 0.29 to the broader market. The Progressive Corporation, an insurance holding company, provides personal and commercial auto, personal residential and commercial property, general liability, and other specialty property-casualty insurance products and related services in the United States. Led by Susan Patricia Griffith, public since 1980-03-17.
Snapshot as of May 15, 2026.
- Spot Price
- $199.97
- Total OI
- 45.5K
- Total Volume
- 4.0K
- Front Expiration
- 28 days
- Second Expiration
- 34 days
- ATM IV
- 25.3%
- Avg Bid/Ask Spread
- 38.41%
As of May 15, 2026, The Progressive Corporation (PGR) has 45.5K open contracts and 4.0K contracts traded. The nearest expiration is 28 days out, followed by 34 days. ATM implied volatility is 25.3%. Average bid/ask spread across the chain is 38.41%: wider spreads, size positions conservatively. The options chain aggregates every listed strike and expiration, letting traders evaluate skew, term structure, and liquidity in a single view.
How PGR options chain Data Feeds Strategy Selection
Strategy selection on The Progressive Corporation options does not derive from any single metric in isolation. The options chain view above sits inside a broader read: ATM IV currently sits at 25.3% and dealer gamma exposure is negative, so dealer hedging amplifies directional moves. Combine the options chain data here with the volatility-skew surface, dealer-gamma exposure, max-pain level, and upcoming-events calendar to build a positioning thesis. Risk-defined structures (credit spreads, debit spreads, iron condors) are usually safer than naked positions while the regime is uncertain; the data on this page anchors the inputs but does not by itself constitute a trade thesis.
Learn how the options chain is reported and how to read the data →
Frequently asked PGR options chain questions
- What does the PGR options chain show right now?
- As of May 15, 2026, The Progressive Corporation (PGR) has 45.5K contracts outstanding and 4.0K traded today, with ATM IV of 25.3%. The full chain spans every listed strike and expiration with bid/ask, Greeks, volume, and open interest per contract.
- What expirations are available for PGR options?
- The nearest expiration is 28 days out, followed by 34 days. Listed expirations typically extend monthly with weeklies between, plus LEAPS one to two years out for liquid names.
- How tight are PGR options bid/ask spreads?
- Average bid/ask spread across the chain is 38.41%. Wider spreads warrant conservative sizing; mid-market fills are unreliable for retail-size orders.