Today, we wanted to complete the conceptual tripod that we’ve been working towards for the last couple of weeks. First, we discovered the relationship that Standard Normal Variables have with the Black-Scholes Option Pricing Model. Then, we took the next step and began to standardize those Standard Normals into Z-Scores. Today, we complete the logic chain by moving into Expected Moves. What we see is that once we have the implied volatility from the Black-Scholes Model, it opens up the possibility of finding an Expected Move for a specific stock, across a specific time frame.