📈 Example: Calculating the Expected Move from the Straddle Price

stock_price = 150.00 atm_straddle_price = 8.50 # combined ATM call + put premium expected_move_pct = (atm_straddle_price / stock_price) * 100 expected_move_high = stock_price + atm_straddle_price expected_move_low = stock_price - atm_straddle_price print(f"Expected Move: +/- ${atm_straddle_price:.2f} ({expected_move_pct:.1f}%)") print(f"Range: ${expected_move_low:.2f} — ${expected_move_high:.2f}")