Bausch + Lomb Corporation (BLCO) 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.

Bausch + Lomb Corporation (BLCO) operates in the Healthcare sector, specifically the Medical - Instruments & Supplies industry, with a market capitalization near $5.79B, listed on NYSE, employing roughly 13,500 people, carrying a beta of 0.59 to the broader market. Bausch + Lomb Corporation operates as an eye health company worldwide. Led by Brenton L. Saunders, public since 2022-05-06.

Snapshot as of May 15, 2026.

Spot Price
$16.07
Expected Move
5.2%
Implied High
$16.90
Implied Low
$15.24
Front DTE
34 days

As of May 15, 2026, Bausch + Lomb Corporation (BLCO) has an expected move of 5.19%, a one-standard-deviation implied price range of roughly $15.24 to $16.90 from the current $16.07. 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.

BLCO Strategy Sizing to the Expected Move

With Bausch + Lomb Corporation pricing an expected move of 5.19% from $16.07, 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 BLCO derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $16.07 × (1 ± expected move %). One standard-deviation range under lognormal assumptions, roughly 68% of outcomes fall inside.

ExpirationDTEATM IVExpected MoveImplied HighImplied Low
Jun 18, 20263418.1%5.5%$16.96$15.18
Jul 17, 20266340.5%16.8%$18.77$13.37
Aug 21, 20269842.6%22.1%$19.62$12.52
Nov 20, 202618970.2%50.5%$24.19$7.95
Dec 18, 202621750.8%39.2%$22.36$9.78

Frequently asked BLCO expected move questions

What is the current BLCO expected move?
As of May 15, 2026, Bausch + Lomb Corporation (BLCO) has an expected move of 5.19% over the next 34 days, implying a one-standard-deviation price range of $15.24 to $16.90 from the current $16.07. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
What does the BLCO 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 BLCO 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.