Agilent Technologies, Inc. (A) 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.

Agilent Technologies, Inc. (A) operates in the Healthcare sector, specifically the Medical - Diagnostics & Research industry, with a market capitalization near $41.50B, listed on NYSE, employing roughly 18,100 people, carrying a beta of 1.24 to the broader market. Agilent Technologies, Inc. Led by Padraig McDonnell, public since 1999-11-18.

Snapshot as of Sep 15, 2026.

Spot Price
$150.31
Expected Move
8.2%
Implied High
$162.68
Implied Low
$137.94
Front DTE
31 days

As of Sep 15, 2026, Agilent Technologies, Inc. (A) has an expected move of 8.23%, a one-standard-deviation implied price range of roughly $137.94 to $162.68 from the current $150.31. 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.

A Strategy Sizing to the Expected Move

With Agilent Technologies, Inc. pricing an expected move of 8.23% from $150.31, 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.

How to read the A implied-range chart

The shaded range above shows the one-standard-deviation implied price band at each listed expiration, derived from ATM implied volatility scaled to days-to-expiration. The front-tenor expected move is 8.23%, anchoring an implied range of approximately $137.94 to $162.68. Under lognormal assumptions, roughly 68% of outcomes fall inside that band; 95% fall inside ±2σ; 99.7% inside ±3σ. The empirical equity-return distribution has fatter tails than lognormal, so true tail-outcome frequency is moderately higher than these closed-form numbers suggest.

A expected move and event pricing

Expected move widens with √time: a 5% 30-day move corresponds to roughly a 2.5% 7.5-day move and a 10% 120-day move. A term-structure is in contango (slope 0.006), so longer-dated tenors price in proportionally more vol than √time scaling alone would suggest - typically because long-dated cycles include uncertain macro states. With IV rank at 20.2%, the implied move is at the low end of the typical A range - cheap optionality for buyers, thin premium for sellers.

Sizing A structures to the expected move

Iron condors with wings at ±1σ collect the modal-outcome premium; ±1.5σ widens probability of inside-range to ~87% but cuts collected premium roughly in half. Strangles do the inverse trade - they pay against the same lognormal distribution, profiting when realized exceeds implied. Calendar spreads bet on the slope of the term structure rather than the level. A put/call volume ratio currently at 0.47 indicates speculative call flow dominates - look for upside-skewed sentiment. The expected move is the inputs the chain is pricing, not a forecast - realized moves above or below are normal under any distribution.

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

A one-standard-deviation implied price range by days-to-expiration, with current spot marked as the midpointA Implied Price Range by Expiration$100$150$200100d200d300d400d500d600d700d800dDays to ExpirationImplied Price Range ($)
Shaded band shows the ±1σ implied price range (~68% probability under lognormal assumptions) at each expiration; the center line marks current spot. Bands widen with longer DTE since volatility scales with √time.

Per-expiration expected move for A derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $150.31 × (1 ± expected move %). One standard-deviation range under lognormal assumptions, roughly 68% of outcomes fall inside.

ExpirationDTEATM IVExpected MoveImplied HighImplied Low
Sep 18, 2026334.8%3.2%$155.05$145.57
Oct 16, 20263128.7%8.4%$162.88$137.74
Nov 20, 20266629.3%12.5%$169.04$131.58
Dec 18, 20269432.7%16.6%$175.25$125.37
Jan 15, 202712232.3%18.7%$178.38$122.24
Feb 19, 202715731.6%20.7%$181.46$119.16
Mar 19, 202718532.8%23.4%$185.41$115.21
Jun 17, 202727533.2%28.8%$193.63$106.99
Sep 17, 202736734.1%34.2%$201.71$98.91
Jan 21, 202849334.7%40.3%$210.93$89.69
Jan 19, 202985735.1%53.8%$231.15$69.47

Frequently asked A expected move questions

What is the current A expected move?
As of Sep 15, 2026, Agilent Technologies, Inc. (A) has an expected move of 8.23% over the next 31 days, implying a one-standard-deviation price range of $137.94 to $162.68 from the current $150.31. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
What does the A 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 A 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.