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Western Midstream Partners WES 39.85 0.0 0.0%

Previous-day view · Fri Nov 6 close. You are previewing the previous trading day. Subscribe to see today live and every other date — Trader is $59/mo. Sign up Sign in

Expected move

November 06, 2026 close · $39.80
Horizon Expected move Typical range 2 in 3 closes 9 in 10 closes
Next session ±1.2% ±$0.46 $39.34 – $40.26 $39.24 – $40.36 $38.80 – $40.79
2 sessions ±1.6% ±$0.64 $39.16 – $40.44 $39.02 – $40.58 $38.41 – $41.19
3 sessions ±2.0% ±$0.81 $38.99 – $40.61 $38.83 – $40.77 $38.07 – $41.53
1 week ±2.6% ±$1.03 $38.77 – $40.83 $38.54 – $41.06 $37.60 – $42.00
2 weeks ±3.6% ±$1.44 $38.36 – $41.24 $38.01 – $41.59 $36.72 – $42.88
3 weeks ±4.3% ±$1.70 $38.10 – $41.50 $37.68 – $41.92 $36.19 – $43.41
1 month ±5.0% ±$1.97 $37.83 – $41.77 $37.34 – $42.26 $35.62 – $43.98
Size, not direction. The 68% and 90% bands held 66–68% and 89–90% of closes in held-out years 2019–2026. Draw the cone on the chart →

Volatility premium

Beta
The forecast is for the current session, which this plan does not open.

Earnings: priced against what happened

Average implied move
±3.88%
Average actual move
3.84%
Beyond the implied move
2 / 3
Median IV change
-15.79%
Reaction session Implied Actual Used ATM IV before → after
May 07, 2026 ±4.00% +4.97% 1.24× —
August 07, 2025 ±3.53% -4.69% 1.33× —
May 08, 2025 ±4.10% +1.86% 0.45× 32.6% → 27.0%
Reconstructed from archived mid quotes; the straddle covers its expiration, not only the reaction session. These are not option returns. Method and missing reports →