Progressive Corporation (The)Close $210.31EOD only
Max Pain
$210.00
Next expiry Oct 9, 2026
Expected Move
±$5.25
2.5% from close
Price Gap
-0.31
Distance to max pain
IV Rank
18
Low premium
P/C OI
0.92
Balanced positioning
Consensus
—
No reports available
Published snapshot: Oct 2, 2026 close
End-of-day snapshot
This page reflects PGR options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
Oct 2, 2026 close
Max Pain — PGR
Data as of market close Oct 2, 2026
Nearest listed expiration 2026-10-09 shows max pain at $210.00 (0.31 below spot). Use this page to evaluate pin-risk zones, strike pressure, and open-interest concentration before selecting trade structure.
Max Pain Strike
$210.00
Nearest expiry
Expected Move
±$5.25
±2.5%
Days to Expiry
7
Calendar days
Total Call OI
1,197
Nearest expiry
Total Put OI
1,445
Nearest expiry
P/C OI Ratio
1.21
Put-heavy
Spot Price
$210.31
Published close
Consensus
-
Open report for full read
Max Pain by Expiration
Pain by Strike
Drill into expiration
Selected: 2026-10-09
Expiration
Max Pain Strike
Last Updated
2026-09-25
$210.00
9/25/2026, 11:24:46 PM
2026-10-02Updated
$210.00
10/2/2026, 11:25:34 PM
2026-10-09Next
$210.00
10/2/2026, 11:25:34 PM
2026-10-16
$217.50
10/2/2026, 11:25:34 PM
2026-10-23
$215.00
10/2/2026, 11:25:34 PM
2026-10-30
$205.00
10/2/2026, 11:25:34 PM
2026-11-06
$150.00
10/2/2026, 11:25:34 PM
2026-11-20
$190.00
10/2/2026, 11:25:34 PM
2026-12-18
$220.00
10/2/2026, 11:25:34 PM
2027-01-15
$220.00
10/2/2026, 11:25:34 PM
2027-02-19
$220.00
10/2/2026, 11:25:34 PM
2027-03-19
$200.00
10/2/2026, 11:25:34 PM
2027-06-17
$220.00
10/2/2026, 11:25:34 PM
2027-09-17
$195.00
10/2/2026, 11:25:34 PM
Selected expiration: 2026-10-09 at max pain $210.00.
PGR pain by strike for 2026-10-09 expiration
Strike
Call Pain
Put Pain
Total Pain
130
0
10562750
10562750
135
0
9841250
9841250
175
0
4073250
4073250
180
0
3356750
3356750
185
0
2643250
2643250
187.5
0
2290000
2290000
190
0
1937000
1937000
192.5
0
1585500
1585500
195
0
1236250
1236250
197.5
0
909000
909000
200
0
658000
658000
202.5
250
452250
452500
205
12750
263000
275750
207.5
30500
151500
182000
210
64250
56250
120500
212.5
104750
34000
138750
215
150500
12250
162750
217.5
225250
6000
231250
220
309750
0
309750
222.5
436500
0
436500
How to Read Max Pain
Compare pin-risk and strike-pressure across expirations from the latest published close.
What max pain measures
Max pain is the strike where option holders would collectively lose the most at expiration, based on open interest across the listed chain.
How traders use it
It is most useful as a possible pinning zone, especially when spot is already trading near a crowded strike into expiration.
What can break it
Strong directional flows, news, or fast spot moves can overwhelm any pinning tendency, so max pain should support a thesis rather than drive it alone.
The closer you are to expiration, the more useful this becomes as context and the less useful it is as a standalone prediction.