{"schema_version":1,"publisher":"Half on a Double","data_through":"2026-10-02","frequency":"end-of-day","methodology":"market-implied-carry-v1","generation":"market-implied-carry-analytics-20260917T000000Z","canonical_url":"https://halfonadouble.com/stock/PGR","markdown_url":null,"history_url":"https://halfonadouble.com/api/v1/history/PGR.csv","advanced_analysis_url":"https://halfonadouble.com/api/v1/analysis/PGR.json?date=2026-10-02","definitions_url":"https://halfonadouble.com/methodology.md","license_url":"https://halfonadouble.com/terms.md","disclaimer_url":"https://halfonadouble.com/disclaimer.md","symbol":"PGR","page_tier":"B","units":{"prices":"USD per share","open_interest":"option contracts","gamma_exposure":"modeled dollar-delta change per USD 1 underlying move","gamma_exposure_normalized":"modeled gamma exposure per 100,000 open option contracts","distances":"percent of close","forward_outcomes":"close-to-close percent return"},"snapshot":{"close":210.30999755859375,"previous_close":210.9600067138672,"delta_neutral":212.90139309014356,"gamma_neutral":213.20216001184087,"gamma_max":237.10653801882867,"total_open_interest":54156,"previous_open_interest":56143,"listed_contracts":499,"listed_calls":273,"listed_puts":264,"gamma_max_distance_pct":12.741448704914388,"delta_neutral_distance_pct":1.2321789556522758,"gamma_neutral_distance_pct":1.3751901891593854,"open_interest_change_1d_pct":-3.539176745097341,"call_open_interest":28900,"put_open_interest":25256,"put_call_open_interest_ratio":0.8739100346020762,"nearest_expiration_max_pain":210,"nearest_expiration_max_pain_expiry":"2026-10-09","nearest_expiration_max_pain_distance_pct":-0.14740029584536637,"all_expiration_max_pain":217.5,"net_gamma_exposure":-963833.0064277761,"net_gamma_exposure_per_100k_open_interest":-1779734.4826570945,"gamma_exposure_flip":213.20216001184087,"gamma_exposure_flip_distance_pct":1.3751901891593854,"call_wall":230,"call_wall_distance_pct":9.362371104550313,"put_wall":210,"put_wall_distance_pct":-0.14740029584536637,"gamma_max_cross_direction":null,"delta_neutral_cross_direction":null,"open_interest_rank":952},"history_summary":null,"advanced_options":{"data_through":"2026-10-02","analysis_coverage":1,"catalyst_score":null,"directional_score":null,"catalyst_reasons":[],"features":{"symbol":"PGR","price":210.31,"totalOi":56321,"analysisCoverage":1,"avgIvPct":69.4,"ivRank":85.4,"iv52wHighPct":74.8,"iv52wLowPct":37.8,"frontDte":7,"frontAtmIvPct":25.8512,"backAtmIvPct":27.3747,"termPremiumPp":-1.5235,"expectedMoveFrontPct":3.58,"straddleFrontPct":2.5,"straddle30dPct":4.16,"riskReversalFrontPp":3.52,"riskReversal30dPp":5.81,"butterflyFrontPp":-1.03,"butterfly30dPp":-2.07,"putCallOiRatio":0.912,"putCallOiFrontRatio":1.252,"putCallVolumeFrontRatio":0.695,"optionVolume":990,"volumeOiRatio":0.017578,"netDeltaNormalized":-0.00529,"dealerDeltaNormalized":0.005265,"gexPer100kOi":2912923.137018,"vannaPer100kOi":4641.252819,"charmPer100kOi":551762.220131,"weekendDeltaShiftPer100kOi":1655288.43593,"ivSurfaceRangePp":87,"gammaFlipDistancePct":19.642433,"maxPainDistancePct":2.230041,"peakCallDistancePct":9.36237,"peakPutDistancePct":-0.147401},"complete_analysis_url":"https://halfonadouble.com/api/v1/analysis/PGR.json?date=2026-10-02","interpretation":"Catalyst intensity ranks unusual option pricing and activity; it does not identify the event, predict direction or recommend a trade. Directional score summarizes relative positioning under documented model conventions."},"gamma_max_cross_outcomes":[],"missing_value_semantics":"null means unavailable; it never means zero","interpretation":"These are descriptive end-of-day model outputs. Signed GEX uses the published call-positive, put-negative convention and is not observed dealer inventory. None of the fields are live prices, predictions or investment advice."}