Barrick Mining Corporation (B) 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.
Barrick Mining Corporation (B) operates in the Basic Materials sector, specifically the Gold industry, with a market capitalization near $75.12B, listed on NYSE, employing roughly 6,500 people, carrying a beta of 1.07 to the broader market. Barrick Mining Corporation engages in the exploration, development, production, and sale of mineral properties. Led by Mark F. Hill, public since 1985-02-13.
Snapshot as of May 15, 2026.
- Spot Price
- $40.59
- Expected Move
- 13.0%
- Implied High
- $45.86
- Implied Low
- $35.32
- Front DTE
- 28 days
As of May 15, 2026, Barrick Mining Corporation (B) has an expected move of 12.97%, a one-standard-deviation implied price range of roughly $35.32 to $45.86 from the current $40.59. 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.
B Strategy Sizing to the Expected Move
With Barrick Mining Corporation pricing an expected move of 12.97% from $40.59, 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 B derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $40.59 × (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 |
|---|---|---|---|---|---|
| May 22, 2026 | 7 | 45.9% | 6.4% | $43.17 | $38.01 |
| May 29, 2026 | 14 | 45.3% | 8.9% | $44.19 | $36.99 |
| Jun 5, 2026 | 21 | 44.3% | 10.6% | $44.90 | $36.28 |
| Jun 12, 2026 | 28 | 46.1% | 12.8% | $45.77 | $35.41 |
| Jun 18, 2026 | 34 | 43.8% | 13.4% | $46.02 | $35.16 |
| Jun 26, 2026 | 42 | 45.0% | 15.3% | $46.79 | $34.39 |
| Jul 17, 2026 | 63 | 43.4% | 18.0% | $47.91 | $33.27 |
| Sep 18, 2026 | 126 | 44.5% | 26.1% | $51.20 | $29.98 |
| Oct 16, 2026 | 154 | 44.6% | 29.0% | $52.35 | $28.83 |
| Dec 18, 2026 | 217 | 45.5% | 35.1% | $54.83 | $26.35 |
| Jan 15, 2027 | 245 | 44.5% | 36.5% | $55.39 | $25.79 |
| Mar 19, 2027 | 308 | 45.6% | 41.9% | $57.59 | $23.59 |
| Jun 17, 2027 | 398 | 45.8% | 47.8% | $60.00 | $21.18 |
| Jan 21, 2028 | 616 | 44.4% | 57.7% | $64.00 | $17.18 |
Frequently asked B expected move questions
- What is the current B expected move?
- As of May 15, 2026, Barrick Mining Corporation (B) has an expected move of 12.97% over the next 28 days, implying a one-standard-deviation price range of $35.32 to $45.86 from the current $40.59. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the B 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 B 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.