# AAPL expected move > How far the options market implied Apple Inc. (AAPL) could move by the front weekly and the next monthly expiry: a one-standard-deviation range from at-the-money implied volatility, with the at-the-money straddle as a cross-check. From the last completed session in CaymanBot's delayed snapshot, delayed at least 48 hours and updated once a day. - Canonical page: [https://caymanbot.com/aapl-expected-move](https://caymanbot.com/aapl-expected-move) - Content type: tool - Last reviewed: 2026-10-21 - Publisher: CaymanBot, LLC ## Quick answer How far the options market implied Apple Inc. (AAPL) could move by the front weekly and the next monthly expiry: a one-standard-deviation range from at-the-money implied volatility, with the at-the-money straddle as a cross-check. From the last completed session in CaymanBot's delayed snapshot, delayed at least 48 hours and updated once a day. ## Key points - **Weekly and monthly:** The implied AAPL move by the nearest weekly expiry and by the next monthly expiry. - **From traded options:** The size-weighted median implied volatility of the session's prints within 2% of the stock price. - **Free and delayed:** No login. One completed session, delayed at least 48 hours. ## How the AAPL expected move is computed Expected move = stock price × at-the-money implied volatility × √(days to expiry ÷ 365). The stock price is AAPL's close in the session shown. The implied volatility is the size-weighted median of that session's option prints with a strike within 2% of the close, for that expiry, and is stated only when at least 10 such prints traded. The result is a one-standard-deviation range: in a normal distribution the price would end inside it about two times in three. The at-the-money straddle (the call plus the put at the strike nearest the close) is a second read of the same thing: its price is roughly what the market charged to own a move of any direction. When both legs traded, its last price is shown beside the volatility figure. Try other prices, volatilities and dates in the [expected move calculator](/options-expected-move-calculator), which uses the same formula. ## What the AAPL expected move does not tell you It is a market-implied size of move, not a forecast of direction or a probability you can count on. Implied volatility changes during the session and around events such as earnings, and real returns have fatter tails than a normal distribution, so moves beyond the range happen more often than one in three. - A one-standard-deviation range, not a ceiling or a floor. - From one completed session, delayed at least 48 hours: implied volatility has moved since. - Weekly options price an event such as earnings into a short window, so the weekly range can be wide. ## AAPL options on CaymanBot The [AAPL options page](/aapl) shows the same session's call and put volume, premium and put/call ratio and its [gamma exposure by strike](/aapl-gamma-exposure). Expected move for other tickers: [SPY](/spy-expected-move), [QQQ](/qqq-expected-move), [NVDA](/nvda-expected-move), [TSLA](/tsla-expected-move), [AMD](/amd-expected-move), [AMZN](/amzn-expected-move), [META](/meta-expected-move), [MSFT](/msft-expected-move), [PLTR](/pltr-expected-move). ## Primary sources - [Options Price Reporting Authority: consolidated options market data](https://www.opraplan.com/) - [OCC: Characteristics and Risks of Standardized Options](https://www.theocc.com/company-information/documents-and-archives/options-disclosure-document) ## Frequently asked questions ### What is the AAPL expected move? It is the size of move the options market implied for AAPL by a given expiry, computed as the stock price × at-the-money implied volatility × √(days ÷ 365). This page shows it by the front weekly and the next monthly expiry for one completed session, delayed at least 48 hours. ### How is the AAPL expected move calculated? From the session's AAPL close and the size-weighted median implied volatility of the option prints within 2% of that close for each expiry, with at least 10 prints required. The at-the-money straddle's last price is shown as a cross-check when both legs traded. ### Is the expected move a prediction? No. It is a one-standard-deviation, market-implied size of move, not a forecast of direction. The price ends outside the range roughly one time in three in a normal distribution, and more often in practice. ### How current is this AAPL expected move? It covers one completed session and is delayed at least 48 hours; the session date is shown with the figures. Implied volatility changes every session, especially around earnings. ### Can I compute the expected move myself? Yes. The [expected move calculator](/options-expected-move-calculator) takes any price, implied volatility and number of days and uses the same formula. ## Related CaymanBot resources - [Options expected move calculator](https://caymanbot.com/options-expected-move-calculator) - [AAPL options volume, flow and gamma exposure](https://caymanbot.com/aapl) - [AAPL gamma exposure (GEX)](https://caymanbot.com/aapl-gamma-exposure) - [SPY expected move](https://caymanbot.com/spy-expected-move) - [QQQ expected move](https://caymanbot.com/qqq-expected-move) Market data, modeled analytics, calculators and public-filing summaries are informational. Verify time-sensitive data and original filings before making decisions.