Curtiss-Wright Corporation (CW) 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.
Curtiss-Wright Corporation (CW) operates in the Industrials sector, specifically the Aerospace & Defense industry, with a market capitalization near $27.74B, listed on NYSE, employing roughly 8,900 people, carrying a beta of 0.86 to the broader market. Curtiss-Wright Corporation, together with its subsidiaries, provides engineered products, solutions, and services to the aerospace, defense, general industrial, and power generation markets worldwide. Led by Lynn Bamford, public since 1980-03-17.
Snapshot as of May 15, 2026.
- Spot Price
- $720.06
- Expected Move
- 10.9%
- Implied High
- $798.30
- Implied Low
- $641.82
- Front DTE
- 34 days
As of May 15, 2026, Curtiss-Wright Corporation (CW) has an expected move of 10.87%, a one-standard-deviation implied price range of roughly $641.82 to $798.30 from the current $720.06. 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.
CW Strategy Sizing to the Expected Move
With Curtiss-Wright Corporation pricing an expected move of 10.87% from $720.06, 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 CW derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $720.06 × (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 | 37.9% | 11.6% | $803.35 | $636.77 |
| Jul 17, 2026 | 63 | 38.1% | 15.8% | $834.04 | $606.08 |
| Aug 21, 2026 | 98 | 39.7% | 20.6% | $868.18 | $571.94 |
| Sep 18, 2026 | 126 | 39.7% | 23.3% | $888.02 | $552.10 |
| Nov 20, 2026 | 189 | 40.8% | 29.4% | $931.46 | $508.66 |
| Dec 18, 2026 | 217 | 40.2% | 31.0% | $943.25 | $496.87 |
CW highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| PUT | $700.00 | Jun 18, 2026 | 0 | 403 | 38.7% | $21.30 | $25.80 |
Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked CW expected move questions
- What is the current CW expected move?
- As of May 15, 2026, Curtiss-Wright Corporation (CW) has an expected move of 10.87% over the next 34 days, implying a one-standard-deviation price range of $641.82 to $798.30 from the current $720.06. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the CW 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 CW 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.