First Trust S&P International Dividend Aristocrats ETF (FID) Expected Move

Tracking the FID expected move helps you see how far First Trust S&P International Dividend Aristocrats ETF's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. First Trust S&P International Dividend Aristocrats ETF'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 FID 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 FID, 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 FID 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 First Trust S&P International Dividend Aristocrats ETF is unlikely to go.

The First Trust S&P International Dividend Aristocrats ETF (the "Fund"), formerly the International Multi-Asset Diversified Income Index Fund, seeks investment results that correspond generally to the price and yield (before the Fund's fees and expenses) of an index called the S&P International Dividend Aristocrats Index (the "Index"). Under normal conditions, the Fund will invest at least 90% of its net assets (including investment borrowings) in the equity securities that comprise the Index. The Fund, using an indexing investment approach, attempts to replicate, before fees and expenses, the performance of the Index.

The Fund's investment advisor seeks a correlation of 0.95 or better (before fees and expenses) between the Fund's performance and the performance of the Index; a figure of 1.00 would represent perfect correlation.

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 FID expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The First Trust S&P International Dividend Aristocrats ETF 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 FID.