Summary: Expected move can either be calculated by using the expected move formula, or by looking at the strikes of the 16 [delta](https://www.tastytrade.com/tt/learn/delta) call and 16 delta put. By using the formula, we get a symmetric expected move, but by using the [strikes](https://www.tastytrade.com/tt/learn/strike-price), we get a skewed expected move. When comparing the two, we see that the stock price stays in the expected range calculated using the *formula* more often than by using strikes. Both equations overstate the expected move, but using the strikes is more accurate. For more details on this metric and how we use it when setting up our strategies, tune in to the segment.
