Progressive Corporation (PGR)
Progressive Max Pain By Strike
PGR trades at $250.74, pinned near the near-term max pain of $247.5 expiring Aug 22, 2025 (2 days). Price stability likely with balanced options positioning at this level. Max pain is stable across expirations ($230-$270), indicating stable market expectations. Key magnetic zone at 250 where 5 expirations converge.
Progressive Max Pain By Expiry
Max pain for PGR shows stable levels around 249.50, reflecting balanced market expectations. The 16% spread signals divergent expectations across timeframes. Most levels below 250.74 may cap rallies. Strong magnetic level at 250 (5 expirations). Weekly expirations influence price 2-3 days before expiry; monthlies throughout their final week.
Max Pain Table
| Expiration Date | Max Pain | Max Pain vs Current Price |
|---|---|---|
| Aug 22, 2025 | 247.5 | -3.24 (-1.29%) |
| Aug 29, 2025 | 240 | -10.74 (-4.28%) |
| Sep 5, 2025 | 255 | 4.26 (1.70%) |
| Sep 12, 2025 | 250 | -0.74 (-0.30%) |
| Sep 19, 2025 | 250 | -0.74 (-0.30%) |
| Sep 26, 2025 | 245 | -5.74 (-2.29%) |
| Oct 17, 2025 | 250 | -0.74 (-0.30%) |
| Nov 21, 2025 | 250 | -0.74 (-0.30%) |
| Jan 16, 2026 | 250 | -0.74 (-0.30%) |
| Feb 20, 2026 | 245 | -5.74 (-2.29%) |
| Mar 20, 2026 | 260 | 9.26 (3.69%) |
| Jun 18, 2026 | 260 | 9.26 (3.69%) |
| Sep 18, 2026 | 230 | -20.74 (-8.27%) |
| Jan 15, 2027 | 240 | -10.74 (-4.28%) |
| Jun 17, 2027 | 270 | 19.26 (7.68%) |