Genco Shipping & Trading Limited (GNK) Expected Move

Tracking the GNK expected move helps you see how far Genco Shipping & Trading Limited's options market is pricing the stock to travel over a given period — whether that's the next day, week, or earnings cycle. Genco Shipping & Trading Limited'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 GNK 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 GNK, 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 GNK 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 Genco Shipping & Trading Limited is unlikely to go.

Genco Shipping & Trading Limited, together with its subsidiaries, engages in the ocean transportation of dry bulk cargoes worldwide. The company owns and operates dry bulk carrier vessels to transports iron ore, coal, grains, steel products, and other dry-bulk cargoes. It charters its vessels primarily to trading houses, including commodities traders; producers; and government-owned entities. As of December 31, 2021, the company fleet consisted of 44 dry bulk carriers, including 17 Capesize, 15 Ultramax, and 12 Supramax with an aggregate capacity of approximately 4,636,000 deadweight tons. Genco Shipping & Trading Limited was incorporated in 2004 and is headquartered in New York, New York.

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 GNK expected move across every expiration, benchmarks it against realized moves, and shows you when implied ranges are out of line with history. The Genco Shipping & Trading Limited 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 GNK.