VanEck Agribusiness ETF (MOO) Expected Move

Expected move estimates the probable price range for a given period based on at-the-money options pricing. It reflects the market consensus for volatility over the selected timeframe.

VanEck Agribusiness ETF (MOO) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $581.4M, listed on AMEX, carrying a beta of 0.74 to the broader market. VanEck Agribusiness ETF (MOO) seeks to replicate as closely as possible, before fees and expenses, the price and yield performance of the MVISGlobal Agribusiness Index (MVMOOTR), which is intended to track the overall performance of companies involved in agri-chemicals, animal health and fertilizers, seeds and traits, from farm/irrigation equipment and farm machinery, aquaculture and fishing, livestock, cultivation and plantations (including grain, oil palms, sugar cane, tobacco leafs, grapevines, etc. public since 2007-09-05.

Snapshot as of May 15, 2026.

Spot Price
$81.22
Expected Move
6.5%
Implied High
$86.48
Implied Low
$75.96
Front DTE
34 days

As of May 15, 2026, VanEck Agribusiness ETF (MOO) has an expected move of 6.48%, a one-standard-deviation implied price range of roughly $75.96 to $86.48 from the current $81.22. Expected move is derived from at-the-money straddle pricing and represents the market's pricing of a ±1σ move. Roughly 68% of outcomes should fall within this range under lognormal assumptions, though empirical markets have fatter tails.

MOO Strategy Sizing to the Expected Move

With VanEck Agribusiness ETF pricing an expected move of 6.48% from $81.22, risk-defined strategies sized to the implied range structurally target the modal outcome distribution. Iron condors with wings at the ±1σ expected move boundaries collect premium against the ~68% probability that spot stays inside the range under lognormal assumptions; strangles set wider at ±1.5σ or ±2σ target the tails but pay smaller per-trade premium. Long-vol structures (long straddles, ratio backspreads) profit when realized move exceeds the implied move, the inverse trade: they bet against the lognormal assumption itself, capitalizing on the empirically fatter equity-return tails.

Learn how expected move is reported and how to read the data →

Per-expiration expected move for MOO derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $81.22 × (1 ± expected move %). One standard-deviation range under lognormal assumptions, roughly 68% of outcomes fall inside.

ExpirationDTEATM IVExpected MoveImplied HighImplied Low
Jun 18, 20263422.6%6.9%$86.82$75.62
Jul 17, 20266322.3%9.3%$88.74$73.70
Aug 21, 20269823.3%12.1%$91.03$71.41
Nov 20, 202618920.3%14.6%$93.08$69.36

Frequently asked MOO expected move questions

What is the current MOO expected move?
As of May 15, 2026, VanEck Agribusiness ETF (MOO) has an expected move of 6.48% over the next 34 days, implying a one-standard-deviation price range of $75.96 to $86.48 from the current $81.22. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
What does the MOO expected move mean for traders?
Roughly 68% of outcomes should fall within ±1 expected move and 95% within ±2 under lognormal assumptions, though equity returns have empirically fatter tails than log-normal predicts. Strategies sized to the expected move (iron condors at ±1σ, strangles at ±1.5σ) target the typical outcome distribution; strategies that profit from tail moves (long-vol structures, ratio backspreads) target the tails the lognormal model under-prices.
How is MOO expected move calculated?
The expected move displayed here is derived from at-the-money implied volatility scaled to the chosen tenor: expected move % is approximately ATM IV times sqrt(T / 365), where T is days to expiration. An equivalent straddle-based form: the ATM straddle (call + put at the same strike) is roughly sqrt(2/pi) times spot times IV times sqrt(T/365), so the implied one-standard-deviation move is approximately 1.25 times ATM straddle divided by spot. The two formulations agree once the sqrt(2/pi) constant is reconciled.