Peapack-Gladstone Financial Corporation (PGC) 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.
Peapack-Gladstone Financial Corporation (PGC) operates in the Financial Services sector, specifically the Banks - Regional industry, with a market capitalization near $736.9M, listed on NASDAQ, employing roughly 620 people, carrying a beta of 0.72 to the broader market. Peapack-Gladstone Financial Corporation operates as the bank holding company for Peapack-Gladstone Bank that provides private banking and wealth management services in the United States. Led by Robert A. Plante, public since 1999-04-27.
Snapshot as of May 15, 2026.
- Spot Price
- $41.52
- Expected Move
- 14.1%
- Implied High
- $47.39
- Implied Low
- $35.65
- Front DTE
- 34 days
As of May 15, 2026, Peapack-Gladstone Financial Corporation (PGC) has an expected move of 14.13%, a one-standard-deviation implied price range of roughly $35.65 to $47.39 from the current $41.52. 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.
PGC Strategy Sizing to the Expected Move
With Peapack-Gladstone Financial Corporation pricing an expected move of 14.13% from $41.52, 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 PGC derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $41.52 × (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 | 49.3% | 15.0% | $47.77 | $35.27 |
| Jul 17, 2026 | 63 | 34.1% | 14.2% | $47.40 | $35.64 |
| Oct 16, 2026 | 154 | 32.1% | 20.9% | $50.18 | $32.86 |
| Jan 15, 2027 | 245 | 29.1% | 23.8% | $51.42 | $31.62 |
Frequently asked PGC expected move questions
- What is the current PGC expected move?
- As of May 15, 2026, Peapack-Gladstone Financial Corporation (PGC) has an expected move of 14.13% over the next 34 days, implying a one-standard-deviation price range of $35.65 to $47.39 from the current $41.52. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the PGC 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 PGC 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.