PG · expected move by expiry

The Procter & Gamble Company is priced to move 2.5% by 2026-Sep-04.

Options price a ±2.47% move (about $3.55) by 2026-Sep-04 (Fri), a range of 139.52 to 146.62 from the last price of 143.78. Max pain for that expiry is 145.00.

PG
The Procter & Gamble Company
Last
143.78 +0.64 (0.4%)
Next expiry move
±2.47% 6 days
Vol regime
Low
Put / call
0.77
Weekend
Fetched 2026-08-30, 02:54:27 AM ET
expected range last price 143.78 max painAxis 134 to 154, shared by every row
Expiry
Expected range (1 SD)
Expected move
Max pain
Odds inside
2026-Sep-04Fri, 6 days
Expected move±2.47%±$3.55
Max pain145.000.8% above last price
Odds of closing inside68%put/call 0.77
2026-Sep-11Fri, 13 days
Expected move±3.51%±$5.05
Max pain145.000.8% above last price
Odds of closing inside68%put/call 0.38
2026-Sep-18Fri, 20 days
Expected move±4.48%±$6.45
Max pain145.000.8% above last price
Odds of closing inside100%put/call 0.16
2026-Sep-25Fri, 27 days
Expected move±5.07%±$7.29
Max pain145.000.8% above last price
Odds of closing inside68%put/call 0.51
2026-Oct-02Fri, 34 days
Expected move±6.14%±$8.83
Max pain145.000.8% above last price
Odds of closing inside68%put/call 0.43
Options flow, nearest expiry
Neutral

Expensive options, selling pressure likely Score 0.03 on a -1 to +1 scale.

Key levels from open interest
142.00 / 144.00

Heaviest put open interest sits at 142.00 and heaviest call open interest at 144.00. Price tends to gravitate toward large open interest into expiry.

Setup
Pre-Earnings / IV Spike Setup

Read from implied volatility, momentum and breakout signals across the chain. Descriptive, not a forecast.

Reading the PG expected move table

Each row is one expiry. The shaded band is the one-standard-deviation range the option chain implies for PG on that date: the market gives roughly a two-in-three chance that PG closes inside it and a one-in-three chance it closes outside. The black tick is the last traded price, 143.78. The diamond is max pain, the strike where option holders would collect the least if the stock settled there.

The range widens with time because uncertainty compounds with the square root of time: the 2026-Oct-02 range (±6.14%) is wider than the 2026-Sep-04 range (±2.47%) even though the daily volatility behind both is the same. Read the methodology for the formulas, or the guide to what the expected move means in practice.

Figures are derived from delayed public option data and recalculated through the trading day. Nothing on this page is investment advice. Machine-readable version: /api/expected-move/PG.

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