3.5.3 Implied Move

The implied move is derived from both HV and IV. It takes the highest-likely value from probability modeling to determine what the Market Maker would anticipate the underlying to do within the next 1,5,30, and 45 days. The implied move is not a guarantee of price action within the bounds of the values. But rather what the market maker is pricing into the options of the underlying for a given period. Price could exceed, or not reach, the implied move values.