PGR Options Chain — Open Interest, Implied Volatility, Max Pain & Gamma Exposure

Analyze the complete PGR options chain including strike-level open interest, real-time implied volatility (IV), max pain levels, gamma exposure, dealer positioning, and options flow trends. This dashboard provides data-driven insights for traders building directional or hedging strategies around PGR.

Latest Data: 2026-03-25 (EDT)

Max Pain Price

200

Exp: 2026-03-27

Gamma Flip

210.94

Gamma Flip (≈60 days)

Put/Call OI Ratio

0.957

Shows put vs call positioning

IV Skew

-3.85

Put–call IV difference

Max Pain Price Volatility

σ = 9.15

medium volatility

Confidence 75%

Near-Term Options-Derived Market Structure

BULLISH BIAS

Reflecting options positioning and volatility conditions over the coming sessions.

The options market shows a strong bullish alignment. Multiple key factors point firmly to the upside, supported by dealer flows and positioning. Options Chian

Looking only at the put-side activity, there is a bearish directional push. This suggests some traders are actively betting on downside. Confidence: 67%

Current DPI is -0.3(strong-bearish). Bearish, momentum neutral or unclear.

Options Terrain Outlook (3-Month)

Options structure allows for directional movement, but with elevated volatility and less predictable follow-through. Volatility conditions remain relatively smooth. Options constraints exert a moderate influence on price behavior. Once a directional move forms, continuation appears relatively easy. Structural sensitivity is elevated around the 2026-03-27 options expiry. 100% confidence

The support levels for PGR are at 201.22, 198.79, and 193.12, while the resistance levels are at 204.46, 206.89, and 212.56. The pivot point, a key reference price for traders, is at 200.00.

Short-Term Options-Implied Price Range & Flow Structure (DTE: 2)

Based on the latest options positioning (DTE 2), the ATM straddle implies a standardized 1.32% 1-day move.

The expected range for the next 2 days is 199.72 — 207.99 , corresponding to +2.54% / -1.54% .

Estimated using ATM implied volatility, OTM option flow, and dealer hedging conditions to capture the market-implied price range.

Bullish flow suggests upside interest toward 211.10 (4.07% above spot).

Bearish positioning points to downside pressure toward 198.35 (2.22% below spot).

Options flow strength: 0.58 (0–1 scale). ATM Strike: 202.50, Call: 2.12, Put: 1.65, Straddle Cost: 3.77.

Price moves may extend once a direction forms. The short-term gamma flip is near 211.25 , with intermediate positioning around 210.94 . The mid-term gamma flip remains near 210.96.