Franco-Nevada Corporation FNV 254.95 4.26 1.7%
Expected move
November 06, 2026 close · $254.30| Horizon | Expected move | Typical range | 2 in 3 closes | 9 in 10 closes |
|---|---|---|---|---|
| Next session | ±1.8% ±$4.60 | $249.70 – $258.90 | $248.78 – $259.82 | $244.41 – $264.19 |
| 2 sessions | ±2.5% ±$6.41 | $247.89 – $260.71 | $246.54 – $262.06 | $240.49 – $268.11 |
| 3 sessions | ±3.2% ±$8.06 | $246.24 – $262.36 | $244.69 – $263.91 | $237.13 – $271.47 |
| 1 week Earnings | ±5.4% ±$13.71 | $240.59 – $268.01 | $237.29 – $271.31 | $225.49 – $283.11 |
| 2 weeks Earnings | ±6.9% ±$17.60 | $236.70 – $271.90 | $232.58 – $276.02 | $217.22 – $291.38 |
| 3 weeks Earnings | ±8.1% ±$20.62 | $233.68 – $274.92 | $228.74 – $279.86 | $210.94 – $297.66 |
| 1 month Earnings | ±9.3% ±$23.70 | $230.60 – $278.00 | $224.90 – $283.70 | $204.48 – $304.12 |
Earnings: priced against what happened
Average implied move
±4.90%
Average actual move
2.02%
Beyond the implied move
1 / 7
Median IV change
-15.51%
| Reaction session | Implied | Actual | Used | ATM IV before → after |
|---|---|---|---|---|
| August 12, 2026 | ±6.11% | -1.99% | 0.33× | — |
| May 13, 2026 | ±4.05% | +1.60% | 0.39× | — |
| March 11, 2026 | ±6.76% | +1.20% | 0.18× | — |
| August 11, 2025 | ±3.63% | +2.36% | 0.65× | — |
| May 09, 2025 | ±4.21% | +2.41% | 0.57× | 35.5% → 30.0% |
| March 10, 2025 | ±5.25% | +0.23% | 0.04× | 32.9% → 34.0% |
| November 07, 2024 | ±4.29% | -4.37% | 1.02× | 33.7% → 28.3% |