Volatility Analysis

Weekly Volatility Outlook: KO

KO implied volatility is at 21.35%. We break down the 6-day expected move and probability zones.

4 min read

Market Context

KO is trading at $83.96 with an annualized Implied Volatility (IV) of 21.35%.

With 6 days to expiration (Target: Jul 10, 2026), the market is pricing in the following potential range.

Analysis Date

Jul 4, 2026

Target Date

Jul 10, 2026

Price

$83.96

IV

21.35%

Volatility Math (6 Days)

To estimate the expected move, we convert annualized IV to the 6-day timeframe.

Formula: 21.35% × √(6/365) ≈ 2.74%.

In dollar terms, this is approximately ±$2.30.

The market expects KO to stay within ±2.74% about 68% of the time over the next 6 days.

Time Factor

0.1282

Exp. Move %

±2.74%

Exp. Move $

±$2.30

Probability Cone

The following table shows the statistical probability ranges based on current volatility.

68% Confidence

$81.66 — $86.26

80% Confidence

$81.01 — $86.91

90% Confidence

$80.18 — $87.74

95% Confidence

$79.45 — $88.47

Disclaimer

This analysis is a static projection based on current IV. Real-world events may cause price to move outside these bounds. Not investment advice.

Key takeaways

  • Current IV of 21.35% implies a ±2.74% move in 6 days.
  • The 68% confidence interval is $81.66 to $86.26.
  • Ranges are based on static IV; earnings or news can expand these significantly.