Rh (RH) 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.
Rh (RH) operates in the Consumer Cyclical sector, specifically the Specialty Retail industry, with a market capitalization near $2.43B, listed on NYSE, employing roughly 5,690 people, carrying a beta of 1.89 to the broader market. RH, together with its subsidiaries, operates as a retailer in the home furnishings. Led by Gary G. Friedman, public since 2012-11-02.
Snapshot as of May 15, 2026.
- Spot Price
- $123.03
- Expected Move
- 23.9%
- Implied High
- $152.48
- Implied Low
- $93.58
- Front DTE
- 28 days
As of May 15, 2026, Rh (RH) has an expected move of 23.94%, a one-standard-deviation implied price range of roughly $93.58 to $152.48 from the current $123.03. 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.
RH Strategy Sizing to the Expected Move
With Rh pricing an expected move of 23.94% from $123.03, 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 RH derived from ATM implied volatility at each listed expiration. Implied high/low bounds are computed as $123.03 × (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 | 62.4% | 8.6% | $133.66 | $112.40 |
| May 29, 2026 | 14 | 62.8% | 12.3% | $138.16 | $107.90 |
| Jun 5, 2026 | 21 | 78.9% | 18.9% | $146.31 | $99.75 |
| Jun 12, 2026 | 28 | 85.2% | 23.6% | $152.06 | $94.00 |
| Jun 18, 2026 | 34 | 80.6% | 24.6% | $153.29 | $92.77 |
| Jun 26, 2026 | 42 | 76.9% | 26.1% | $155.12 | $90.94 |
| Jul 17, 2026 | 63 | 73.3% | 30.5% | $160.50 | $85.56 |
| Aug 21, 2026 | 98 | 71.7% | 37.2% | $168.74 | $77.32 |
| Sep 18, 2026 | 126 | 73.9% | 43.4% | $176.45 | $69.61 |
| Nov 20, 2026 | 189 | 71.9% | 51.7% | $186.68 | $59.38 |
| Dec 18, 2026 | 217 | 73.1% | 56.4% | $192.37 | $53.69 |
| Jan 15, 2027 | 245 | 71.0% | 58.2% | $194.60 | $51.46 |
| Mar 19, 2027 | 308 | 72.1% | 66.2% | $204.51 | $41.55 |
| Jun 17, 2027 | 398 | 72.5% | 75.7% | $216.17 | $29.89 |
| Jan 21, 2028 | 616 | 71.2% | 92.5% | $236.83 | $9.23 |
| Dec 15, 2028 | 945 | 69.4% | 111.7% | $260.42 | $-14.36 |
Frequently asked RH expected move questions
- What is the current RH expected move?
- As of May 15, 2026, Rh (RH) has an expected move of 23.94% over the next 28 days, implying a one-standard-deviation price range of $93.58 to $152.48 from the current $123.03. The expected move is derived from at-the-money straddle pricing and represents the market consensus for a ±1σ price move.
- What does the RH 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 RH 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.