Church & Dwight Co., Inc. (CHD) 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.
Church & Dwight Co., Inc. (CHD) operates in the Consumer Defensive sector, specifically the Household & Personal Products industry, with a market capitalization near $22.53B, listed on NYSE, employing roughly 5,750 people, carrying a beta of 0.48 to the broader market. Church & Dwight Co. Led by Richard A. Dierker, public since 1980-03-17.
Snapshot as of May 15, 2026.
- Spot Price
- $94.56
- Expected Move
- 6.3%
- Implied High
- $100.50
- Implied Low
- $88.62
- Front DTE
- 34 days
As of May 15, 2026, Church & Dwight Co., Inc. (CHD) has an expected move of 6.28%, a one-standard-deviation implied price range of roughly $88.62 to $100.50 from the current $94.56. 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.
CHD Strategy Sizing to the Expected Move
With Church & Dwight Co., Inc. pricing an expected move of 6.28% from $94.56, 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 CHD derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $94.56 × (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 |
|---|---|---|---|---|---|
| Jun 18, 2026 | 34 | 21.9% | 6.7% | $100.88 | $88.24 |
| Jul 17, 2026 | 63 | 22.2% | 9.2% | $103.28 | $85.84 |
| Aug 21, 2026 | 98 | 23.1% | 12.0% | $105.88 | $83.24 |
| Oct 16, 2026 | 154 | 23.2% | 15.1% | $108.81 | $80.31 |
| Nov 20, 2026 | 189 | 25.7% | 18.5% | $112.05 | $77.07 |
| Jan 15, 2027 | 245 | 25.4% | 20.8% | $114.24 | $74.88 |
Frequently asked CHD expected move questions
- What is the current CHD expected move?
- As of May 15, 2026, Church & Dwight Co., Inc. (CHD) has an expected move of 6.28% over the next 34 days, implying a one-standard-deviation price range of $88.62 to $100.50 from the current $94.56. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the CHD 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 CHD 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.