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njsh20 t1_j250vxv wrote

Reply to comment by 0dteSPYFDs in Progressive: The Valuation Enigma by 2ndSifter

So don’t buy, don’t put, just sit back and let it ride?

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0dteSPYFDs t1_j252pi9 wrote

I think it depends on your time frame. Puts would have been a good play a little while ago because CAT losses have been bad this whole year, especially Q4, but now that's probably prices in. I wouldn't bet against them long term tho. I still think they have room for considerable growth.

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