Progressive Corporation (PGR)
Progressive Max Pain By Strike
PGR trades at $245.68, pinned near the near-term max pain of $245 expiring Oct 10, 2025 (4 days). Price stability likely with balanced options positioning at this level. Max pain is rising across expirations ($170-$270), reflecting growing call interest at higher strikes. Key magnetic zone at 245 where 6 expirations converge.
Progressive Max Pain By Expiry
Max pain for PGR shows an upward trend from 170 to 270, suggesting bullish positioning in longer-dated options. The 42% spread signals divergent expectations across timeframes. Most levels below 245.68 may cap rallies. Strong magnetic level at 245 (6 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 |
|---|---|---|
| Oct 10, 2025 | 245 | n/a (n/a) |
| Oct 17, 2025 | 245 | n/a (n/a) |
| Oct 24, 2025 | 245 | n/a (n/a) |
| Oct 31, 2025 | 245 | n/a (n/a) |
| Nov 7, 2025 | 230 | n/a (n/a) |
| Nov 14, 2025 | 170 | n/a (n/a) |
| Nov 21, 2025 | 245 | n/a (n/a) |
| Jan 16, 2026 | 250 | n/a (n/a) |
| Feb 20, 2026 | 245 | n/a (n/a) |
| Mar 20, 2026 | 250 | n/a (n/a) |
| May 15, 2026 | 225 | n/a (n/a) |
| Jun 18, 2026 | 260 | n/a (n/a) |
| Sep 18, 2026 | 230 | n/a (n/a) |
| Jan 15, 2027 | 240 | n/a (n/a) |
| Jun 17, 2027 | 270 | n/a (n/a) |
| Jan 21, 2028 | 210 | n/a (n/a) |