In today’s Super Seasonals: Trade of the Week we will look at Progressive Corp (PGR).
Progressive Corp. is an insurance holding company, which engages in the provision of personal and commercial auto insurance, residential property insurance, and other specialty property-casualty insurance and related services.
Below are the seasonal patterns that the software uncovered since 1986…
Glancing at the past 5 years, for a nearer term recency bias…
Past 10 years, glancing at the ‘mean’ High Points, the move is roughly +15% …
As you likely know, there are literally dozens of solid ways to approach trading Progressive Corp (PGR) with a bullish bias. The decision of how to best invest in the stock or trade the options is an individualized decision, unfortunately there is no one best way. Keep in mind that seasonality is about probabilities, not certainties. Please remember to fully understand the risk before trading anything. It’s recommended to do your own research and consider consulting with a financial advisor before investing in any stock or options trade.
To learn more about seasonal information on other solid opportunities, click here SuperSeasonals.
Trade Smart,
Chad Shirley
