Kimberly-Clark Corporation (KMB) 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.
Kimberly-Clark Corporation (KMB) operates in the Consumer Defensive sector, specifically the Household & Personal Products industry, with a market capitalization near $32.21B, listed on NASDAQ, employing roughly 38,000 people, carrying a beta of 0.31 to the broader market. Kimberly-Clark Corporation, together with its subsidiaries, manufactures and markets personal care and consumer tissue products worldwide. Led by Michael D. Hsu, public since 1980-03-17.
Snapshot as of May 15, 2026.
- Spot Price
- $96.19
- Expected Move
- 7.4%
- Implied High
- $103.34
- Implied Low
- $89.04
- Front DTE
- 28 days
As of May 15, 2026, Kimberly-Clark Corporation (KMB) has an expected move of 7.43%, a one-standard-deviation implied price range of roughly $89.04 to $103.34 from the current $96.19. 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.
KMB Strategy Sizing to the Expected Move
With Kimberly-Clark Corporation pricing an expected move of 7.43% from $96.19, 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 KMB derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $96.19 × (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 | 25.4% | 3.5% | $99.57 | $92.81 |
| May 29, 2026 | 14 | 24.5% | 4.8% | $100.81 | $91.57 |
| Jun 5, 2026 | 21 | 27.8% | 6.7% | $102.60 | $89.78 |
| Jun 12, 2026 | 28 | 26.0% | 7.2% | $103.12 | $89.26 |
| Jun 18, 2026 | 34 | 25.8% | 7.9% | $103.76 | $88.62 |
| Jun 26, 2026 | 42 | 25.0% | 8.5% | $104.35 | $88.03 |
| Jul 17, 2026 | 63 | 26.1% | 10.8% | $106.62 | $85.76 |
| Aug 21, 2026 | 98 | 27.4% | 14.2% | $109.85 | $82.53 |
| Sep 18, 2026 | 126 | 28.0% | 16.5% | $112.01 | $80.37 |
| Oct 16, 2026 | 154 | 28.0% | 18.2% | $113.68 | $78.70 |
| Dec 18, 2026 | 217 | 29.2% | 22.5% | $117.85 | $74.53 |
| Jan 15, 2027 | 245 | 28.1% | 23.0% | $118.33 | $74.05 |
| Mar 19, 2027 | 308 | 28.0% | 25.7% | $120.93 | $71.45 |
| Jan 21, 2028 | 616 | 29.8% | 38.7% | $133.43 | $58.95 |
KMB highest implied-volatility contracts
| Type | Strike | Expiration | Volume | OI | IV | Bid | Ask |
|---|---|---|---|---|---|---|---|
| CALL | $101.00 | May 22, 2026 | 2.5K | 172 | 25.8% | $0.05 | $0.20 |
Top 1 contracts from the ORATS-sourced nightly scan; ranked by iv within the broader S&P 500/400/600 + ETF universe.
Frequently asked KMB expected move questions
- What is the current KMB expected move?
- As of May 15, 2026, Kimberly-Clark Corporation (KMB) has an expected move of 7.43% over the next 28 days, implying a one-standard-deviation price range of $89.04 to $103.34 from the current $96.19. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the KMB 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 KMB 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.