KKR & Co. Inc. (KKR) 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.
KKR & Co. Inc. (KKR) operates in the Financial Services sector, specifically the Asset Management industry, with a market capitalization near $87.48B, listed on NYSE, employing roughly 4,834 people, carrying a beta of 1.85 to the broader market. KKR & Co. Led by Joseph Y. Bae, public since 2010-07-15.
Snapshot as of May 15, 2026.
- Spot Price
- $97.25
- Expected Move
- 12.0%
- Implied High
- $108.89
- Implied Low
- $85.61
- Front DTE
- 28 days
As of May 15, 2026, KKR & Co. Inc. (KKR) has an expected move of 11.97%, a one-standard-deviation implied price range of roughly $85.61 to $108.89 from the current $97.25. 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.
KKR Strategy Sizing to the Expected Move
With KKR & Co. Inc. pricing an expected move of 11.97% from $97.25, 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 KKR derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $97.25 × (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 |
|---|---|---|---|---|---|
| May 22, 2026 | 7 | 38.5% | 5.3% | $102.44 | $92.06 |
| May 29, 2026 | 14 | 42.0% | 8.2% | $105.25 | $89.25 |
| Jun 5, 2026 | 21 | 41.4% | 9.9% | $106.91 | $87.59 |
| Jun 12, 2026 | 28 | 41.4% | 11.5% | $108.40 | $86.10 |
| Jun 18, 2026 | 34 | 42.3% | 12.9% | $109.81 | $84.69 |
| Jun 26, 2026 | 42 | 41.7% | 14.1% | $111.01 | $83.49 |
| Jul 17, 2026 | 63 | 41.5% | 17.2% | $114.02 | $80.48 |
| Aug 21, 2026 | 98 | 42.2% | 21.9% | $118.52 | $75.98 |
| Sep 18, 2026 | 126 | 42.2% | 24.8% | $121.36 | $73.14 |
| Dec 18, 2026 | 217 | 43.4% | 33.5% | $129.79 | $64.71 |
| Jan 15, 2027 | 245 | 43.0% | 35.2% | $131.51 | $62.99 |
| Mar 19, 2027 | 308 | 44.3% | 40.7% | $136.83 | $57.67 |
| May 21, 2027 | 371 | 44.6% | 45.0% | $140.98 | $53.52 |
| Jun 17, 2027 | 398 | 44.3% | 46.3% | $142.24 | $52.26 |
| Dec 17, 2027 | 581 | 43.8% | 55.3% | $150.99 | $43.51 |
| Jan 21, 2028 | 616 | 43.9% | 57.0% | $152.71 | $41.79 |
Frequently asked KKR expected move questions
- What is the current KKR expected move?
- As of May 15, 2026, KKR & Co. Inc. (KKR) has an expected move of 11.97% over the next 28 days, implying a one-standard-deviation price range of $85.61 to $108.89 from the current $97.25. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the KKR 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 KKR 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.