Applied Optoelectronics, Inc.Close $171.33EOD only
Max Pain
$180.00
Next expiry May 22, 2026
Expected Move
±$20.60
12.0% from close
Price Gap
+8.67
Distance to max pain
IV Rank
37
Middle-high premium
P/C OI
1.19
Slightly put-heavy
Consensus
—
No reports available
Published snapshot: May 19, 2026 close
End-of-day snapshot
This page reflects AAOI options positioning from the latest published market-close snapshot. Intraday price and contract changes are not displayed.
Published Snapshot
May 19, 2026 close
Expected Move — AAOI
Data as of market close May 19, 2026
Nearest expiration 2026-05-22 implies ±12.0% ($150.73–$191.93) around spot. Compare the implied range across expirations to gauge term-structure shifts in uncertainty.
AAOI Expected Move Data
Nearest Expiry
2026-05-22
Expected Move
±12.0%
Expected Range
$150.73–$191.93
Days to Expiry
3
ATM Strike
$172.50
Spot Price
$171.33
Expected Move by Expiration (spot: $171.33)
Move-to-Structure Rationale
Translate implied range into a setup before choosing strikes.
Options are pricing ±12.0% to $150.73-$191.93. Use this as the anchor for structure selection, risk budget, and invalidation width.
Expected Move by Expiration
Expiration
DTE
ATM Strike
Expected Move
Move %
Lower Bound
Upper Bound
2026-05-22
3
$172.50
±$20.60
±12.0%
$150.73
$191.93
2026-05-29
10
$172.50
±$31.30
±18.3%
$140.03
$202.63
2026-06-05
17
$172.50
±$40.35
±23.6%
$130.98
$211.68
2026-06-12
24
$172.50
±$47.30
±27.6%
$124.03
$218.63
2026-06-18
30
$170.00
±$51.35
±30.0%
$119.98
$222.68
2026-06-26
38
$172.50
±$57.35
±33.5%
$113.98
$228.68
2026-07-17
59
$170.00
±$70.25
±41.0%
$101.08
$241.58
2026-09-18
122
$170.00
±$101.30
±59.1%
$70.03
$272.63
2026-12-18
213
$170.00
±$132.25
±77.2%
$39.08
$303.58
2027-01-15
241
$170.00
±$138.45
±80.8%
$32.88
$309.78
AAOI expected move by expiration
Expiration
Days to Expiry
ATM Strike
Expected Move
Move %
Lower Bound
Upper Bound
2026-05-22
3
172.5
20.6
12.02
150.73
191.93
2026-05-29
10
172.5
31.3
18.27
140.03
202.63
2026-06-05
17
172.5
40.35
23.55
130.98
211.68
2026-06-12
24
172.5
47.3
27.61
124.03
218.63
2026-06-18
30
170
51.35
29.97
119.98
222.68
2026-06-26
38
172.5
57.35
33.47
113.98
228.68
2026-07-17
59
170
70.25
41
101.08
241.58
2026-09-18
122
170
101.3
59.13
70.03
272.63
2026-12-18
213
170
132.25
77.19
39.08
303.58
2027-01-15
241
170
138.45
80.81
32.88
309.78
How to Use Expected Move
Read the implied range as a volatility map from the latest published close, not as a price target.
What it represents
Expected move estimates the range options are pricing for each expiration, roughly around a one-standard-deviation move from the current spot level.
How traders use it
It helps frame breakout distance, premium-selling width, and whether a proposed strike sits inside or outside what the market is already pricing.
What to remember
The range is probability framing, not certainty. Stocks can easily finish well inside or well outside the expected move when catalysts hit.
Use expected move with structure, liquidity, and catalyst context before treating a range as actionable.