PGR The Progressive Corporation Options Ahead of Earnings

11 ต.ค. 2023

Analyzing the options chain and the chart patterns of PGR The Progressive Corporation prior to the earnings report this week,
I would consider purchasing the 140usd strike price Puts with
an expiration date of 2023-10-20,
for a premium of approximately $2.05.
If these options prove to be profitable prior to the earnings release, I would sell at least half of them.

Looking forward to read your opinion about it.