Cohen & Steers, Inc. (CNS) 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.
Cohen & Steers, Inc. (CNS) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $3.74B, listed on NYSE, employing roughly 411 people, carrying a beta of 1.26 to the broader market. Cohen & Steers, Inc. Led by Joseph Martin Harvey, public since 2004-08-16.
Snapshot as of May 15, 2026.
- Spot Price
- $71.32
- Expected Move
- 9.1%
- Implied High
- $77.84
- Implied Low
- $64.80
- Front DTE
- 34 days
As of May 15, 2026, Cohen & Steers, Inc. (CNS) has an expected move of 9.15%, a one-standard-deviation implied price range of roughly $64.80 to $77.84 from the current $71.32. 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.
CNS Strategy Sizing to the Expected Move
With Cohen & Steers, Inc. pricing an expected move of 9.15% from $71.32, 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 CNS derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $71.32 × (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 | 31.9% | 9.7% | $78.26 | $64.38 |
| Jul 17, 2026 | 63 | 34.0% | 14.1% | $81.39 | $61.25 |
| Sep 18, 2026 | 126 | 32.5% | 19.1% | $84.94 | $57.70 |
| Dec 18, 2026 | 217 | 33.8% | 26.1% | $89.91 | $52.73 |
CNS highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $75.00 | Jun 18, 2026 | 0 | 2.3K | 27.9% | $0.05 | $2.95 |
Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked CNS expected move questions
- What is the current CNS expected move?
- As of May 15, 2026, Cohen & Steers, Inc. (CNS) has an expected move of 9.15% over the next 34 days, implying a one-standard-deviation price range of $64.80 to $77.84 from the current $71.32. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the CNS 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 CNS 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.