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) | 2 | 366.94 | 6.71 | 1.83% | 373.65 | 360.23 | 29.43% |
| 06/10/26 (Wed) | 4 | 366.94 | 11.07 | 3.02% | 378.01 | 355.87 | 37.83% |
| 06/12/26 (Fri) | 6 | 366.94 | 12.73 | 3.47% | 379.67 | 354.21 | 36.58% |
| 06/15/26 (Mon) | 9 | 366.94 | 13.69 | 3.73% | 380.62 | 353.25 | 32.88% |
| 06/17/26 (Wed) | 11 | 366.94 | 15.43 | 4.2% | 382.37 | 351.51 | 33.95% |
| 06/18/26 (Thu) | 12 | 366.94 | 16.38 | 4.46% | 383.32 | 350.56 | 34.24% |
| 06/26/26 (Fri) | 20 | 366.94 | 19.87 | 5.41% | 386.81 | 347.07 | 32.8% |
| 07/02/26 (Thu) | 26 | 366.94 | 22.1 | 6.02% | 389.04 | 344.84 | 32.19% |
| 07/10/26 (Fri) | 34 | 366.94 | 24.82 | 6.76% | 391.76 | 342.12 | 31.83% |
| 07/17/26 (Fri) | 41 | 366.94 | 27.82 | 7.58% | 394.76 | 339.12 | 32.5% |
| 07/24/26 (Fri) | 48 | 366.94 | 30.56 | 8.33% | 397.5 | 336.38 | 33.12% |
| 08/21/26 (Fri) | 76 | 366.94 | 42.29 | 11.52% | 409.23 | 324.65 | 36.72% |
| 09/18/26 (Fri) | 104 | 366.94 | 48.43 | 13.2% | 415.37 | 318.51 | 36.11% |
| 10/16/26 (Fri) | 132 | 366.94 | 53.78 | 14.66% | 420.72 | 313.16 | 35.61% |
| 11/20/26 (Fri) | 167 | 366.94 | 62.82 | 17.12% | 429.75 | 304.12 | 37.06% |
| 12/18/26 (Fri) | 195 | 366.94 | 66.66 | 18.17% | 433.6 | 300.28 | 36.47% |
| 01/15/27 (Fri) | 223 | 366.94 | 70.55 | 19.23% | 437.49 | 296.39 | 36.08% |
| 03/19/27 (Fri) | 286 | 366.94 | 80.9 | 22.05% | 447.84 | 286.04 | 36.67% |
| 06/17/27 (Thu) | 376 | 366.94 | 92.46 | 25.2% | 459.4 | 274.48 | 36.46% |
| 09/17/27 (Fri) | 468 | 366.94 | 104.8 | 28.56% | 471.75 | 262.13 | 37.34% |
| 12/17/27 (Fri) | 559 | 366.94 | 116.0 | 31.61% | 482.94 | 250.94 | 37.95% |
| 01/21/28 (Fri) | 594 | 366.94 | 119.02 | 32.44% | 485.96 | 247.92 | 37.79% |
| 06/16/28 (Fri) | 741 | 366.94 | 133.62 | 36.41% | 500.56 | 233.32 | 38.06% |
| 12/15/28 (Fri) | 923 | 366.94 | 148.96 | 40.6% | 515.9 | 217.98 | 38.31% |
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.