First Trust Expanded Technology ETF (XPND) Expected Move

Tracking the XPND expected move helps you see how far First Trust Expanded Technology 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 Expanded Technology 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 XPND 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 XPND, 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 XPND 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 Expanded Technology ETF is unlikely to go.

The First Trust Expanded Technology ETF (the "Fund") seeks to provide long-term capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its net assets (plus any borrowings for investment purposes) in the common stocks of companies identified by the Fund's investment advisor as either information technology companies or financial companies and communication services companies whose operations are principally derived from and/or dependent upon technology (such companies are collectively referred to herein as "Expanded Technology Companies"). While the Fund is actively managed, the investment advisor intends to utilize a quantitative model to help identify Expanded Technology Companies with attractive long-term capital appreciation potential.

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 XPND 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 Expanded Technology 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 XPND.