null Option on ProAssurance
| PRA Stock | USD 24.46 0.06 0.25% |
ProAssurance's latest option contracts expiring on May 15th 2026 are carrying combined implied volatility of 0.9 with a put-to-call open interest ratio of 0.31 over 16 outstanding agreements suggesting investors are buying way more calls than puts on contracts expiring on May 15th 2026. The total put volume is at 750.
Open Interest Against May 15th 2026 Option Contracts
2026-05-15
The chart above shows ProAssurance's distribution of open interest by maturity on contracts that have not yet been settled. The area between the two highest points is the projection of the price at expiration. ProAssurance's open interest chart also provides vital information regarding the liquidity of an option. If there is no open interest for ProAssurance's option, there is no secondary market available for investors to trade.
In The Money vs. Out of Money Option Contracts on ProAssurance
Analyzing ProAssurance's in-the-money options over time can help investors to take a profitable long position in ProAssurance regardless of its overall volatility. This is especially true when ProAssurance's options are deep in the money. These options can be identified using deltas that are over 0.75. Deep in-the-money ProAssurance's options could be used as guardians of the underlying stock as they move almost dollar for dollar with ProAssurance's stock while costing only a fraction of its price.
ProAssurance's stock options are financial instruments that give investors the right to buy or sell shares of ProAssurance common stock at a specified price for a given time period. Generally speaking, an option to purchase or sell ProAssurance stock makes it part of the underlying stock when the option's price is tied to the movement of the underlying stock. If ProAssurance's stock price goes up or down, the stock options follow.
At present, ProAssurance's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting. The current year's Sale Purchase Of Stock is expected to grow to 7,560, whereas Total Stockholder Equity is forecasted to decline to about 1.2 B. ProAssurance In The Money Call Balance
When ProAssurance's strike price is surpassing the current stock price, the option contract against ProAssurance stock is said to be in the money. When it comes to buying ProAssurance's options that are 'In the Money' or 'Out of the Money', the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
While 'out-of-the-money' option contracts written on ProAssurance are typically viewed as the more aggressive, there are potential upsides to purchasing these types of options contracts. For one, the cost to buy an 'Out of the Money' option is lower than the cost to buy an 'In the Money' option. This cost-benefit is due to the fact that at the time of the purchase, 'Out of the Money' contracts have no intrinsic value. So, while the potential for a 100% loss is more significant, the cost and risk to enter the trade are lower.
ProAssurance Current Options Market Mood
ProAssurance's open interest and total value indicators provide investors with the necessary information to digest the overall options buildup for its expiring contracts. In addition, it helps ProAssurance Stock's traders understand whether a recent fall or rise in the market is unreasonable and if the time has come to take contrarian positions. These ratios are calculated based on options trading volumes and current open interest.
Put-to-Call Open Interest
Put-to-Call Volume
Most options investors, including buyers and sellers of ProAssurance's calls and puts, are not very successful. It is estimated that an average options trader loses somewhere between 80% to 90% of the time. ProAssurance's option open interest and volume spread between outstanding puts and calls are regarded by many investors as reliable indicators of the overall future market direction.
Rule 16 of the current ProAssurance contract
Base on the Rule 16, the options market is currently suggesting that ProAssurance will have an average daily up or down price movement of about 0.0563% per day over the life of the 2026-05-15 option contract. With ProAssurance trading at USD 24.46, that is roughly USD 0.0138. If you think that the market is fully incorporating ProAssurance's daily price movement you should consider buying ProAssurance options at the current volatility level of 0.9%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
ProAssurance | Build AI portfolio with ProAssurance Stock |
Purchasing ProAssurance options can give investors a meaningful hedge against losses and, therefore, could be used conservatively to decrease the volatility of your portfolio. However, many options could also amount to little more than gambling, significantly enhancing your overall portfolio risk. One simple example of these aggressive strategies is the sale of "uncovered" ProAssurance calls. Remember, the seller must deliver ProAssurance stock to the call owner when a call is exercised.
ProAssurance Option Chain
When ProAssurance's strike price is surpassing the current stock price, the option contract against ProAssurance stock is said to be in the money. When it comes to buying options that are ITM or OTM, the choice depends on your outlook for the underlying security, financial situation, and what you are trying to achieve.
ProAssurance's option chain is a display of a range of information that helps investors for ways to trade options on ProAssurance. In general, an option chain provides a helpful tool for investors to see all available option contracts, both puts, and calls, for ProAssurance. It also shows strike prices and maturity days for a ProAssurance against a given expiration period. The table below combines all the option information in the form of a chain but before you use it, remember that it entails significant risk and it is not for everyone. | Open Int | Strike Price | Current Spread | Last Price | |||
Call | PRA260515C00035000 | 0 | 35.0 | 0.0 - 0.05 | 0.05 | |
Call | PRA260515C00030000 | 0 | 30.0 | 0.0 - 1.4 | 1.4 | |
Call | PRA260515C00025000 | 182 | 25.0 | 0.0 - 0.05 | 0.05 | Out |
Call | PRA260515C00022500 | 0 | 22.5 | 0.0 - 2.5 | 2.5 | In |
Call | PRA260515C00020000 | 0 | 20.0 | 2.6 - 7.0 | 2.6 | In |
Call | PRA260515C00017500 | 0 | 17.5 | 5.1 - 9.5 | 5.1 | In |
Call | PRA260515C00015000 | 0 | 15.0 | 7.6 - 12.0 | 7.6 | In |
Call | PRA260515C00012500 | 0 | 12.5 | 10.0 - 14.5 | 10.0 | In |
Put | PRA260515P00012500 | 0 | 12.5 | 0.0 - 4.8 | 4.8 | |
Put | PRA260515P00015000 | 0 | 15.0 | 0.0 - 4.8 | 4.8 | |
Put | PRA260515P00017500 | 4 | 17.5 | 0.0 - 0.5 | 0.35 | Out |
Put | PRA260515P00020000 | 0 | 20.0 | 0.0 - 4.8 | 4.8 | |
Put | PRA260515P00022500 | 16 | 22.5 | 0.0 - 0.3 | 0.3 | Out |
Put | PRA260515P00025000 | 37 | 25.0 | 0.0 - 4.8 | 0.65 | In |
Put | PRA260515P00030000 | 0 | 30.0 | 3.4 - 8.0 | 3.4 | In |
Put | PRA260515P00035000 | 0 | 35.0 | 8.4 - 13.0 | 8.4 | In |
ProAssurance Total Stockholder Equity
Total Stockholder Equity |
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ProAssurance Corporate Directors
| Samuel Piazza | Independent Director | Profile | |
| Frank Spinosa | Independent Director | Profile | |
| Katisha Vance | Independent Director | Profile | |
| Magnus Gorrie | Independent Director | Profile |
Check out Your Equity Center to better understand how to build diversified portfolios, which includes a position in ProAssurance. Also, note that the market value of any company could be closely tied with the direction of predictive economic indicators such as signals in real. For information on how to trade ProAssurance Stock refer to our How to Trade ProAssurance Stock guide.You can also try the Stock Tickers module to use high-impact, comprehensive, and customizable stock tickers that can be easily integrated to any websites.
Is Property & Casualty Insurance space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of ProAssurance. Anticipated expansion of ProAssurance directly elevates investor willingness to pay premium valuations. The financial industry is built on trying to define current growth potential and future valuation accurately. Comprehensive ProAssurance assessment requires weighing all these inputs, though not all factors influence outcomes equally.
Quarterly Earnings Growth (0.91) | Earnings Share 0.65 | Revenue Per Share | Quarterly Revenue Growth (0.03) | Return On Assets |
Understanding ProAssurance requires distinguishing between market price and book value, where the latter reflects ProAssurance's accounting equity. The concept of intrinsic value - what ProAssurance's is actually worth based on fundamentals - guides informed investors toward better entry and exit points. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Market sentiment, economic cycles, and investor behavior can push ProAssurance's price substantially above or below its fundamental value.
It's important to distinguish between ProAssurance's intrinsic value and market price, which are calculated using different methodologies. Investment decisions regarding ProAssurance should consider multiple factors including financial performance, growth metrics, competitive position, and professional analysis. In contrast, ProAssurance's trading price reflects the actual exchange value where willing buyers and sellers reach mutual agreement.