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Editor’s Note: One of the biggest lessons I’ve learned after three decades in the options market is also one of the simplest…

Stop trading the story and start trading the structure.

Once you do that, you start seeing what’s really moving markets — the divergences between related assets, the mispricings, and the shifts in capital that often matter far more than whatever headlines are dominating the news.

In today’s essay, I’m showing you how we use one of my favorite tools we use to discover those opportunities hiding in plain sight — the expected move. It’s software I built from the ground up to show you how to stop guessing where a stock might go and start identifying where the market is actually pricing the move.