Home Options CVNA Expected Move Expected Move — CVNA
Data as of market close May 19, 2026
Nearest expiration 2026-05-22 implies ±5.7% ($59.73–$66.96) around spot. Compare the implied range across expirations to gauge term-structure shifts in uncertainty.
What options structure fits this move profile? Use ±5.7% to pick a defined-risk setup with explicit trigger and invalidation.
Open move-to-structure report CVNA Expected Move Data
Nearest Expiry 2026-05-22
Expected Move ±5.7%
Expected Range $59.73–$66.96
Days to Expiry 3
ATM Strike $63.50
Spot Price $63.35 Expected Move by Expiration (spot: $63.35) Quick Stats
Nearest Move ±5.7%
Range $59.73-$66.96
ATM Strike $63.50
Spot $63.35
Consensus
Options are pricing ±5.7% to $59.73-$66.96. Use the directional report to map trigger and invalidation.
Open move report→ Move-to-Structure Rationale
Translate implied range into a setup before choosing strikes.
Options are pricing ±5.7% to $59.73-$66.96. 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 $63.50 ±$3.61 ±5.7% $59.73 $66.96 2026-05-29 10 $63.00 ±$5.62 ±8.9% $57.73 $68.97 2026-06-05 17 $63.00 ±$3.45 ±5.5% $59.90 $66.80 2026-06-12 24 $63.00 ±$8.57 ±13.5% $54.77 $71.92 2026-06-18 30 $64.00 ±$9.75 ±15.4% $53.60 $73.10 2026-06-26 38 $63.00 ±$10.60 ±16.7% $52.75 $73.95 2026-07-17 59 $64.00 ±$13.25 ±20.9% $50.10 $76.60 2026-08-21 94 $64.00 ±$18.23 ±28.8% $45.12 $81.57 2026-09-18 122 $64.00 ±$20.15 ±31.8% $43.20 $83.50 2026-11-20 185 $64.00 ±$24.85 ±39.2% $38.50 $88.20 2026-12-18 213 $64.00 ±$26.20 ±41.4% $37.15 $89.55 2027-01-15 241 $64.00 ±$27.45 ±43.3% $35.90 $90.80 2027-03-19 304 $64.00 ±$31.32 ±49.5% $32.02 $94.67
CVNA expected move by expiration Expiration Days to Expiry ATM Strike Expected Move Move % Lower Bound Upper Bound 2026-05-22 3 63.5 3.61 5.71 59.73 66.96 2026-05-29 10 63 5.62 8.87 57.73 68.97 2026-06-05 17 63 3.45 5.45 59.9 66.8 2026-06-12 24 63 8.57 13.54 54.77 71.92 2026-06-18 30 64 9.75 15.39 53.6 73.1 2026-06-26 38 63 10.6 16.73 52.75 73.95 2026-07-17 59 64 13.25 20.92 50.1 76.6 2026-08-21 94 64 18.23 28.77 45.12 81.57 2026-09-18 122 64 20.15 31.81 43.2 83.5 2026-11-20 185 64 24.85 39.23 38.5 88.2 2026-12-18 213 64 26.2 41.36 37.15 89.55 2027-01-15 241 64 27.45 43.33 35.9 90.8 2027-03-19 304 64 31.32 49.45 32.02 94.67
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.
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