Clearwater Paper Corp

CLWNYSE · USD
20.89USD0.00 (-0.53%)
859

Clearwater Paper Corp (CLW) Expected Move

CLW expected move through Oct 16, 2026 is 13.2%, with 26 days to expiration. The implied range is $18.13 to $23.65, based on the previous trading day's options prices.

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Tracking the CLW expected move helps you see how far Clearwater Paper Corp's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Clearwater Paper Corp's expected move is derived directly from option premiums and gives you an objective range to plan trades, set strikes, and manage risk. Use our scanner to monitor the CLW expected move for this week's options, in real time.

The expected move is typically calculated from at-the-money straddle prices (or a blend of straddles and strangles) and represents roughly a one-standard-deviation range over the chosen timeframe. For CLW, comparing the implied expected move to actual realized moves over similar windows tells you whether the options market has historically overestimated or underestimated volatility. The CLW expected move for this week's options pricing is especially useful for short-dated traders, earnings players, and anyone selling premium who needs to know where the market thinks Clearwater Paper Corp is unlikely to go.

Clearwater Paper Corporation manufactures and supplies bleached paperboards, and consumer and parent roll tissues in the United States and internationally. It operates through two segments, Pulp and Paperboard, and Consumer Products. The Pulp and Paperboard segment offers folding cartons, liquid packaging, cups and plates, blister and carded packaging products, top sheet and commercial printing items, and softwood pulp products, as well as custom sheeting, slitting, and cutting of paperboard products. It sells its products to packaging converters, folding carton converters, merchants, and commercial printers.

The Consumer Products segment provides a line of at-home tissue products, including bath tissues, paper towels, facial tissues, and napkins; recycled fiber value grade products; and away-from-home tissues. This segment sells its products to retailers and wholesale distributors, including grocery, club, mass merchants, and discount stores. Clearwater Paper Corporation was incorporated in 2005 and is headquartered in Spokane, Washington.

Iron condors, weekly premium sales, directional swing trades — they all live or die by where the market thinks the stock won't go. Our scanner tracks the CLW expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Clearwater Paper Corp expected move for this week's options is the fastest read on short-term risk, which gives you a quick way to interpret what the options market thinks about CLW.

CLW Price

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ExpirationDTEExpected move (USD)Expected move (%)Upper priceLower price
Oct 16, 202626$2.7613.2%$23.65$18.13
Nov 20, 202661$4.0019.1%$24.89$16.89
Jan 15, 2027117$5.0424.1%$25.93$15.85
Apr 16, 2027208$7.5035.9%$28.39$13.39

As of September 18, 2026

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Track the CLW expected move across every expiration, filter by IV rank and liquidity, and trade around the range the market is already pricing in.

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