Genco Shipping & Trading Limited (GNK) 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.
Genco Shipping & Trading Limited (GNK) operates in the Industrials sector, specifically the Marine Shipping industry, with a market capitalization near $1.11B, listed on NYSE, employing roughly 1,037 people, carrying a beta of 0.94 to the broader market. Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. Led by John C. Wobensmith, public since 2014-07-15.
Snapshot as of May 15, 2026.
- Spot Price
- $24.63
- Expected Move
- 25.4%
- Implied High
- $30.88
- Implied Low
- $18.38
- Front DTE
- 34 days
As of May 15, 2026, Genco Shipping & Trading Limited (GNK) has an expected move of 25.37%, a one-standard-deviation implied price range of roughly $18.38 to $30.88 from the current $24.63. 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.
GNK Strategy Sizing to the Expected Move
With Genco Shipping & Trading Limited pricing an expected move of 25.37% from $24.63, 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 GNK derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $24.63 × (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 | 88.5% | 27.0% | $31.28 | $17.98 |
| Jul 17, 2026 | 63 | 11.9% | 4.9% | $25.85 | $23.41 |
| Aug 21, 2026 | 98 | 30.5% | 15.8% | $28.52 | $20.74 |
| Nov 20, 2026 | 189 | 27.2% | 19.6% | $29.45 | $19.81 |
Frequently asked GNK expected move questions
- What is the current GNK expected move?
- As of May 15, 2026, Genco Shipping & Trading Limited (GNK) has an expected move of 25.37% over the next 34 days, implying a one-standard-deviation price range of $18.38 to $30.88 from the current $24.63. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the GNK 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 GNK 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.