What move does the options market price into Acacia Research's report?

Implied ±17.9%, either direction.

How often does Acacia Research move more than the options market prices?

1 of the last 8 reports moved at least as far as the implied move.

ACTGNasdaqPatent Owners & Lessors

Acacia Research Corp (ACTG) earnings date, market-implied expected move, and options open interest by expiry

4.36

+0.09 · +2.15%

post 4.36 0.00%

Closed16:00 ET

Open4.36Volume165,593Mkt cap$416.7MEPS-0.15

Day4.36 – 4.3911%52-wk3.24 – 5.2755%

ACTG

Acacia Research Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±17.9%implied · straddle

3.505.04

spot 4.27exp Nov 20ATM strike 5ATM straddle 0.90IV 84%

Nov 3 close

Expected move

Inputs

Next report

—

Calendar

Next report

Last report

−1.52%

vs ±11.8% implied · ×0.13

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+1.02%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

121 managers

Top fund weight

0.01%

ACTG weight · IWM

N-PORTJun 30 '26

3 funds

Last reportshaded = implied▲▼ = realized× = |realized| ÷ implied

Acacia Research (ACTG) is expected to report on Nov 4 before open (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±19.2%
avg realized: ±10.9%

Nov 12 '24Nov 12 '24confirmed±6.5%▼−8.88%×1.36

Mar 13 '25Mar 13 '25confirmed±18.6%▼−14.45%×0.78

May 8 '25May 8 '25confirmed±20.7%▲+15.31%×0.74

Aug 6 '25Aug 6 '25confirmed±29.5%▼−9.19%×0.31

Q3 FY25Nov 5 '25confirmed±34.1%▲+10.37%×0.30

Q1 FY26Mar 11 '26confirmed±23.1%▲+20.48%×0.89

May 7 '26May 7 '26confirmed±9.5%▼−7.20%×0.75

Q2 FY26Aug 5 '26confirmed±11.8%▼−1.52%×0.13

quarterimplied−35%0+35%realized×

Q2 FY26±11.8%▼−1.52%×0.13

May '26±9.5%

Shaded = implied · tick ▲▼ = realized · × = |realized| ÷ impliedSource: options EOD · implied at prior close · realized close to close

Implied vs realized

Positioning

OI · 3 expiries · Nov 4 close

0.01OI · 3 expiries · Nov 4 closeP/C open interest · Nov 20 · first expiry after the report

PUTS · chgexpiry · days · P/CCALLS · chgP/C

680%Nov 2016d5,4390%

0—Dec 1844d0.001250%0.00

600%Feb 19107d0.061,0010%0.06

ExpiryPutsCallsP/C

Nov 2016d680%5,4390%0.01

Dec 1844d0—1250%0.00

Feb 19107d600%1,0010%0.06

Hatched = puts · solid = calls · bars scaled per expiry · chg = OI vs prior sessionSource: options EOD

Positioning

Linked exposure

scenario · straddle±17.9%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

Dashed = straddleMethod Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

−7.37%as filednet margin · revenue +111.22% QoQ · +123.59% YoY

Revenue$115M+111.22%

Gross profit$31M26.75%+154.25%

Operating income$9M7.43%+201.90%

Pre-tax income−$10M+51.60%

Net income−$8M−7.37%+52.04%

Cost of revenue$84M+98.92%

Operating expenses$22M+8.44%

Tax−$1M+48.60%

Other expense−$18M−54.78%

Source: SEC filings · standardized · QE Jun 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 16:00 ET

Intraday

Event sensitivity

CPI ×2.04· ±3.1% vs ±1.5% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±3.1%5 of 10×2.04

Acacia Research Corp (ACTG) earnings date, market-implied expected move, and options open interest by expiry

Implied vs realized

Implied vs realized

Positioning

Positioning

Linked exposure

Linked exposure

Revenue flow

Revenue flow

Intraday

Intraday

Event sensitivity

Implied vs realized

Event sensitivity

Earnings history

Methodology

Linked exposure

Acacia Research Corp (ACTG) earnings date, market-implied expected move, and options open interest by expiry

Positioning

Intraday

Revenue flow

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	0.00	—
Q1 FY26	Mar 11 '26 · confirmed	-0.16	—
Q3 FY25	Nov 5 '25 · confirmed	-0.03	—