Financial giants have made a conspicuous bearish move on Progressive. Our analysis of options history for Progressive (NYSE:PGR) revealed 10 unusual trades.
Delving into the details, we found 0% of traders were bullish, while 90% showed bearish tendencies. Out of all the trades we spotted, 4 were puts, with a value of $240,885, and 6 were calls, valued at $514,532.
Expected Price Movements
After evaluating the trading volumes and Open Interest, it's evident that the major market movers are focusing on a price band between $200.0 and $300.0 for Progressive, spanning the last three months.
Analyzing Volume & Open Interest
Looking at the volume and open interest is a powerful move while trading options. This data can help you track the liquidity and interest for Progressive's options for a given strike price. Below, we can observe the evolution of the volume and open interest of calls and puts, respectively, for all of Progressive's whale trades within a strike price range from $200.0 to $300.0 in the last 30 days.
Progressive 30-Day Option Volume & Interest Snapshot
Noteworthy Options Activity:
Symbol | PUT/CALL | Trade Type | Sentiment | Exp. Date | Ask | Bid | Price | Strike Price | Total Trade Price | Open Interest | Volume |
---|
PGR | CALL | TRADE | BEARISH | 01/16/26 | $37.0 | $36.3 | $36.3 | $250.00 | $214.1K | 173 | 0 |
PGR | PUT | SWEEP | BEARISH | 06/20/25 | $20.4 | $19.9 | $20.37 | $250.00 | $120.1K | 55 | 60 |
PGR | CALL | SWEEP | BEARISH | 01/16/26 | $47.2 | $46.5 | $46.71 | $230.00 | $116.5K | 76 | 2 |
PGR | CALL | SWEEP | BEARISH | 01/17/25 | $30.1 | $28.6 | $28.98 | $230.00 | $71.7K | 246 | 25 |
PGR | PUT | TRADE | NEUTRAL | 11/15/24 | $51.3 | $47.4 | $49.05 | $300.00 | $49.0K | 10 | 0 |
About Progressive
Progressive underwrites private and commercial auto insurance and specialty lines; it has almost 20 million personal auto policies in force and is one of the largest auto insurers in the United States. Progressive markets its policies through independent insurance agencies in the US and Canada and directly via the internet and telephone. Its premiums are split roughly equally between the agent and the direct channel. The company also offers commercial auto policies and entered homeowners insurance through an acquisition in 2015.
After a thorough review of the options trading surrounding Progressive, we move to examine the company in more detail. This includes an assessment of its current market status and performance.
Present Market Standing of Progressive
- Currently trading with a volume of 2,309,712, the PGR's price is down by -1.72%, now at $249.54.
- RSI readings suggest the stock is currently may be overbought.
- Anticipated earnings release is in 36 days.
What Analysts Are Saying About Progressive
5 market experts have recently issued ratings for this stock, with a consensus target price of $295.6.
- Maintaining their stance, an analyst from Piper Sandler continues to hold a Overweight rating for Progressive, targeting a price of $252.
- Maintaining their stance, an analyst from B of A Securities continues to hold a Buy rating for Progressive, targeting a price of $294.
- An analyst from HSBC has elevated its stance to Buy, setting a new price target at $253.
- In a cautious move, an analyst from Barclays downgraded its rating to Equal-Weight, setting a price target of $367.
- An analyst from B of A Securities persists with their Buy rating on Progressive, maintaining a target price of $312.
Options are a riskier asset compared to just trading the stock, but they have higher profit potential. Serious options traders manage this risk by educating themselves daily, scaling in and out of trades, following more than one indicator, and following the markets closely.
金融巨頭對Progressive採取了明顯的看跌舉動。我們對Progressive(紐約證券交易所代碼:PGR)期權歷史的分析顯示了10筆不尋常的交易。
深入研究細節,我們發現0%的交易者看漲,而90%的交易者表現出看跌的趨勢。在我們發現的所有交易中,有4筆是看跌期權,價值爲240,885美元,6筆是看漲期權,價值514,532美元。
預期的價格走勢
在評估了交易量和未平倉合約之後,很明顯,主要的市場走勢者正在關注過去三個月的Progressive價格區間在200.0美元至300.0美元之間。
分析交易量和未平倉合約
交易期權時,查看交易量和未平倉合約是一個強有力的舉動。這些數據可以幫助您跟蹤Progressive期權在給定行使價下的流動性和利息。下面,我們可以觀察過去30天內Progressive所有鯨魚交易的看漲期權和看跌期權交易量和未平倉合約的分別變化,其行使價在200美元至300.0美元之間。
漸進式30天期權交易量和利息快照
值得注意的期權活動:
符號 | 看跌/看漲 | 交易類型 | 情緒 | Exp。日期 | 問 | 出價 | 價格 | 行使價 | 總交易價格 | 未平倉合約 | 音量 |
---|
PGR | 打電話 | 貿易 | 看跌 | 01/16/26 | 37.0 美元 | 36.3 美元 | 36.3 美元 | 250.00 美元 | 214.1 萬美元 | 173 | 0 |
PGR | 放 | 掃 | 看跌 | 06/20/25 | 20.4 美元 | 19.9 美元 | 20.37 美元 | 250.00 美元 | 120.1 萬美元 | 55 | 60 |
PGR | 打電話 | 掃 | 看跌 | 01/16/26 | 47.2 | 46.5 美元 | 46.71 美元 | 230.00 美元 | 116.5 萬美元 | 76 | 2 |
PGR | 打電話 | 掃 | 看跌 | 01/17/25 | 30.1 美元 | 28.6 美元 | 28.98 美元 | 230.00 美元 | 71.7 萬美元 | 246 | 25 |
PGR | 放 | 貿易 | 中立 | 11/15/24 | 51.3 美元 | 47.4 美元 | 49.05 美元 | 300.00 美元 | 49.0 萬美元 | 10 | 0 |
關於漸進式
Progressive承保私人和商業汽車保險及專業保險;它擁有近2000萬份有效的個人汽車保單,是美國最大的汽車保險公司之一。Progressive通過美國和加拿大的獨立保險機構以及直接通過互聯網和電話推銷其保單。其保費在代理商和直接渠道之間大致平均分配。該公司還提供商用汽車保單,並於2015年通過收購加入了房主保險。
在對圍繞Progressive的期權交易進行了全面審查之後,我們將對該公司進行更詳細的審查。這包括評估其當前的市場狀況和表現。
Progressive 目前的市場地位
分析師對漸進式的看法
5位市場專家最近發佈了該股的評級,共識目標價爲295.6美元。
派珀·桑德勒的一位分析師堅持自己的立場,繼續維持Progressive的增持評級,目標股價爲252美元。
A證券b的一位分析師保持立場,繼續維持Progressive的買入評級,目標價格爲294美元。
匯豐銀行的一位分析師已將其立場提高至買入,將新的目標股價定爲253美元。
巴克萊銀行的一位分析師謹慎地將其評級下調至同等權重,將目標股價定爲367美元。
A證券b的一位分析師堅持對Progressive的買入評級,將目標價維持在312美元。
與僅交易股票相比,期權是一種風險更高的資產,但它們具有更高的獲利潛力。嚴肅的期權交易者通過每天自我教育、擴大交易規模、關注多個指標以及密切關注市場來管理這種風險。