PGR Progressive
PGR IV Rank — are Progressive's options cheap or expensive right now?
IV Rank
34
Elevated — lean toward selling
0 · cheap50100 · expensive
Current IV
27%
IV Percentile
53%
52-wk IV high
53%
52-wk IV low
13%
Where current IV sits in its 52-week range
13%53%
Progressive's options are currently moderately priced. With an IV Rank of 34, implied volatility sits in the middle of its 1-year range and richer than roughly 53% of the past year. Historically at this level, premium-selling strategies tend to be favored, since elevated IV tends to revert toward its mean.
Suggested play
Cash-secured put / covered call
🔒 Pro
Unusual flow + macro + IV alerts
See the full picture for PGR →
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Frequently asked
What does an IV Rank of 34 mean for PGR?
It means Progressive's implied volatility is currently in the middle of its past-year range, so its options are moderately priced.
Should I buy or sell PGR options at this IV Rank?
Higher IV Rank generally favors selling premium (spreads, strangles, condors), since elevated volatility tends to revert toward its mean.
IV Rank data is 15-minute delayed. Educational information, not investment advice.