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Chubb Limited (CB)

Overview · Option chain · Volatility · Expected-move history · Earnings

Price (delayed) 339.42 +0.20%
Expected moveThe size of the up-or-down move the options market is pricing for a stock by a given date, read from option prices (the at-the-money straddle). It is a market-implied estimate, not a forecast. · Sep 18 ±3.3%
Expected range 327.49349.99
IV30Implied volatility interpolated to a constant 30-day horizon from the expirations around it, so different stocks and dates can be compared fairly.19.3%
IV percentileWhere this IV30 ranks across all securities we cover today (a cross-sectional comparison, not the stock's own history). 11/universe
P/C volumePut volume (or open interest) divided by call volume (or open interest). A descriptive activity measure — it does not by itself say what traders expect.0.20
P/C open interest0.80
Next earnings Oct 27

Cboe delayed options data · as of 00:33 UTC · Figures derived from the full chain (932 contracts, 10 expirations) · IV own-history percentile appears after 60 recorded days (3 so far)

Expected move — Sep 18, 2026 (16 days)

Methodology →

Read from option prices: the at-the-money straddle costs this much, so the market is pricing a move of about that size in either direction by this date. It is an estimate of movement, not a prediction of direction.

327.5350.0338.7 current

Options are pricing a move of about ±3.3% (range 327.49–349.99) by Sep 18, 2026. ATM straddle: 11.25 @ strike 340 · ATM IV: 19.0%.

Probability distribution

Model & assumptions →

The curve shows where a lognormal model, fed with current implied volatility, puts the range of outcomes at this expiration. Shaded: the expected-move band.

338.7327.5350.0
expected-move bandmodel density
Levelvs priceP(above)Model-estimated chance the stock finishes above a level at expiration, derived from current IV under a lognormal model with stated assumptions — an estimate, not a prediction.P(below)
304.87 -10% 99.6% 0.4%
321.80 -5% 89.8% 10.2%
338.74 +0% 49.2% 50.8%
355.68 +5% 10.6% 89.4%
372.61 +10% 0.8% 99.2%

Model-estimated probabilities of finishing above/below each level at expiration — estimates under stated assumptions, not predictions.

Probability explorer

Drag the slider to any level and see the model-estimated chance the stock finishes above or below it at the selected expiration.

P(finish above)
P(finish below)
P(touch, approx.)

Horizon: Sep 18, 2026 · lognormal model, zero drift — an estimate, not a prediction. Assumptions

ExpiresDTEDays to expiration, in calendar days.Implied moveATM IVOpen int.
Sep 18, 2026 16 ±3.3% 19.0% 14.0K
Oct 16, 2026 44 ±5.5% 19.4% 2,119
Nov 20, 2026 79 ±7.9% 20.9% 4,031
Dec 18, 2026 107 ±9.1% 20.9% 3,439
Jan 15, 2027 135 ±10.0% 20.4% 10.3K
Feb 19, 2027 170 ±11.6% 21.1% 374
Mar 19, 2027 198 ±12.7% 21.3% 1,699

Open interest by strike — Sep 18

Where option positions are concentrated. Teal bars are calls, red bars are puts; the dashed line is the current price.

260.0280.0300.0315.0330.0345.0360.0375.0390.0405.0338.7
callsputs

Largest open-interest concentrations (all expirations ≤ 60 days): 350 C · 2,112360 C · 2,051335 P · 1,918325 P · 1,567320 C · 624

IV term structure

Volatility page →

At-the-money implied volatility for each expiration. A hump around a date often marks a scheduled event the market is pricing.

18%19%21%23%16d198d

When does open interest expire?

39%This month61%Later

Implied vs realized volatility

12.4%14.9%17.3%19.8%Aug 31Sep 02
IV30HV20

HV from our stored daily closes (annualized); IV30 interpolated from the chain. Method

Price, last 60 sessions

Track record

Full history →

Every trading day we record what the options market is pricing for each expiration — before the outcome is known. Once expirations start resolving, this section compares expected versus actual, and the record is never rewritten. Recording since Aug 31, 2026.

Past earnings reactions

Oct 24-2.2%Jan 25-0.2%Apr 25+1.5%Jul 25-1.4%Oct 25+3.1%Feb 26+5.8%Apr 26-1.4%Jul 26-2.6%
implied (when recorded)actual reaction

Avg |reaction| 2.3% · median 1.5% (20 reports) — two-session close-to-close window; definition

About Chubb Limited

Chubb Limited, headquartered in Zurich, Switzerland, is a global insurer and reinsurer, offering a broad spectrum of products across various markets. In North America, its Commercial Property & Casualty (P&C) division caters to businesses of all scales, from large corporations to small enterprises, providing a wide range of policies. These encompass commercial property, casualty, workers' compensation, package deals, risk management, financial lines, marine, construction, environmental, medical, cyber risk, surety, and excess casualty, alongside group accident and health insurance. The North America Personal P&C unit serves affluent individuals and high-net-worth families, delivering coverage for homeowners, automobiles (including collector vehicles), valuable possessions, personal and excess liability, travel, and recreational marine risks, complete with related services. Furthermore, its North American Agricultural Insurance arm specializes in multi-peril crop and crop-hail protection, as well as policies for farm and ranch properties and commercial agriculture. Internationally, the Overseas General Insurance segment provides traditional commercial P&C coverage and unique solutio

Financial Services · Insurance - Property & Casualty · NYSE · Profile: Financial Modeling Prep

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