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 →
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.
| Expiration | DTE | ATM IV | Expected Move | Implied High | Implied Low |
|---|---|---|---|---|---|
| Sep 18, 2026 | 3 | 34.8% | 3.2% | $155.05 | $145.57 |
| Oct 16, 2026 | 31 | 28.7% | 8.4% | $162.88 | $137.74 |
| Nov 20, 2026 | 66 | 29.3% | 12.5% | $169.04 | $131.58 |
| Dec 18, 2026 | 94 | 32.7% | 16.6% | $175.25 | $125.37 |
| Jan 15, 2027 | 122 | 32.3% | 18.7% | $178.38 | $122.24 |
| Feb 19, 2027 | 157 | 31.6% | 20.7% | $181.46 | $119.16 |
| Mar 19, 2027 | 185 | 32.8% | 23.4% | $185.41 | $115.21 |
| Jun 17, 2027 | 275 | 33.2% | 28.8% | $193.63 | $106.99 |
| Sep 17, 2027 | 367 | 34.1% | 34.2% | $201.71 | $98.91 |
| Jan 21, 2028 | 493 | 34.7% | 40.3% | $210.93 | $89.69 |
| Jan 19, 2029 | 857 | 35.1% | 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.