Options Analytics
Expected Move
Market-implied ±1σ and ±2σ ranges for GOOGL
| Expiration Date | DTE | Price~ | Expected Move | Expected Move% | Upper Bound | Lower Bound | Implied Volatility |
|---|---|---|---|---|---|---|---|
| 06/08/26 (Mon) | 0 | 368.53 | 6.71 | 1.82% | 375.24 | 361.81 | 1.0% |
| 06/10/26 (Wed) | 2 | 368.53 | 11.07 | 3.0% | 379.6 | 357.46 | 37.84% |
| 06/12/26 (Fri) | 4 | 368.53 | 12.73 | 3.45% | 381.26 | 355.8 | 36.57% |
| 06/15/26 (Mon) | 7 | 368.53 | 13.69 | 3.71% | 382.21 | 354.84 | 32.98% |
| 06/17/26 (Wed) | 9 | 368.53 | 15.43 | 4.19% | 383.96 | 353.1 | 33.95% |
| 06/18/26 (Thu) | 10 | 368.53 | 16.06 | 4.36% | 384.59 | 352.46 | 33.79% |
| 06/26/26 (Fri) | 18 | 368.53 | 19.57 | 5.31% | 388.1 | 348.96 | 32.44% |
| 07/02/26 (Thu) | 24 | 368.53 | 22.08 | 5.99% | 390.61 | 346.45 | 32.26% |
| 07/10/26 (Fri) | 32 | 368.53 | 24.65 | 6.69% | 393.18 | 343.88 | 31.66% |
| 07/17/26 (Fri) | 39 | 368.53 | 27.52 | 7.47% | 396.05 | 341.01 | 32.05% |
| 07/24/26 (Fri) | 46 | 368.53 | 30.88 | 8.38% | 399.41 | 337.65 | 33.51% |
| 08/21/26 (Fri) | 74 | 368.53 | 42.05 | 11.41% | 410.58 | 326.48 | 36.48% |
| 09/18/26 (Fri) | 102 | 368.53 | 48.79 | 13.24% | 417.32 | 319.74 | 36.11% |
| 10/16/26 (Fri) | 130 | 368.53 | 54.1 | 14.68% | 422.63 | 314.43 | 35.75% |
| 11/20/26 (Fri) | 165 | 368.53 | 63.11 | 17.13% | 431.64 | 305.42 | 37.15% |
| 12/18/26 (Fri) | 193 | 368.53 | 66.53 | 18.05% | 435.06 | 302.0 | 36.29% |
| 01/15/27 (Fri) | 221 | 368.53 | 70.72 | 19.19% | 439.25 | 297.81 | 36.07% |
| 03/19/27 (Fri) | 284 | 368.53 | 80.79 | 21.92% | 449.32 | 287.74 | 36.49% |
| 06/17/27 (Thu) | 374 | 368.53 | 94.12 | 25.54% | 462.65 | 274.41 | 37.18% |
| 09/17/27 (Fri) | 466 | 368.53 | 105.4 | 28.6% | 473.93 | 263.13 | 37.45% |
| 12/17/27 (Fri) | 557 | 368.53 | 115.96 | 31.47% | 484.49 | 252.57 | 37.8% |
| 01/21/28 (Fri) | 592 | 368.53 | 119.19 | 32.34% | 487.72 | 249.34 | 37.71% |
| 06/16/28 (Fri) | 739 | 368.53 | 133.62 | 36.26% | 502.15 | 234.91 | 38.07% |
| 12/15/28 (Fri) | 921 | 368.53 | 149.73 | 40.63% | 518.26 | 218.8 | 38.47% |
Understanding Expected Move
What is the Expected Move?
The expected move is the price range that options traders believe an asset will stay within by a specific expiration date. It is calculated using the prices of at-the-money options (straddles) and represents a one-standard-deviation (±1σ) probability, which is approximately 68%.
How to interpret the outputs
The chart visualizes the potential price range (the “cone”) for the asset over time, with both one-standard-deviation (±1σ) and two-standard-deviation (±2σ, ~95% probability) boundaries. The table below quantifies this, showing the expected move in both points and as a percentage for each upcoming expiration. This lets you see exactly how much volatility the market is pricing in for different time horizons.
Practical applications
- Set realistic price targets for trades based on market-implied probabilities.
- Determine optimal strike prices for spreads, condors, or straddles.
- Compare your thesis with the market’s implied consensus to judge risk/reward.
- Spot when expectations for volatility are unusually high or low versus history.