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

Implied ±3.9%, either direction.

How often does Ameren move more than the options market prices?

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

AEENYSEElectric & Other Services Combined

Ameren Corp (AEE) earnings date, market-implied expected move, and options open interest by expiry

113.12

+2.75 · +2.49%

post 113.40 +0.25%

Closed18:38 ET

Open111.20Volume2.9MMkt cap$31.5BP/E19.83EPS5.72Div yield2.62%

Day110.00 – 113.40100%52-wk94.58 – 117.4982%

AEE

Ameren Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±3.9%implied · straddle

106.12114.62

spot 110.37exp Nov 20ATM strike 110ATM straddle 5.00IV 26%

Nov 3 close

Expected move

Inputs

News

Next report

Last report

+0.79%

vs ±4.8% implied · ×0.17

shaded = implied · ▲▼ = realized

Jul 30 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+5.12%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

952 managers

Top fund weight

2.20%

AEE weight · XLU

N-PORTJun 30 '26

11 funds

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

Ameren (AEE) is expected to report on Nov 4 after close (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±3.3%
avg realized: ±1.3%

Nov 6 '24Nov 6 '24confirmed±3.2%▼−1.39%×0.44

Feb 13 '25Feb 13 '25confirmed±3.0%▼−0.20%×0.07

May 1 '25May 1 '25confirmed±3.7%▲+1.42%×0.38

Jul 31 '25Jul 31 '25confirmed±2.8%▲+0.97%×0.35

Nov 5 '25Nov 5 '25confirmed±3.5%▲+0.72%×0.21

Feb 11 '26Feb 11 '26confirmed±2.6%▲+3.13%×1.20

Q1 FY26May 5 '26confirmed±3.3%▼−1.84%×0.56

Q2 FY26Jul 30 '26confirmed±4.8%▲+0.79%×0.17

quarterimplied−5%0+5%realized×

Q2 FY26±4.8%▲+0.79%×0.17

Q1 FY26±3.3%▼−1.84%×0.56

Feb '26±2.6%▲+3.13%×1.20

Nov '25±3.5%▲+0.72%×0.21

Jul '25±2.8%▲+0.97%×0.35

May '25±3.7%▲+1.42%×0.38

2 older reports

Feb '25±3.0%▼−0.20%×0.07

Nov '24±3.2%▼−1.39%×0.44

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 3 close

0.25OI · 3 expiries · Nov 3 closeP/C open interest · Nov 20 · first expiry after the report

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

1390%Nov 2016d555+2%

6300%Dec 1844d0.341,8750%0.34

209+6%Mar 19135d0.47448+3%0.47

ExpiryPutsCallsP/C

Nov 2016d1390%555+2%0.25

Dec 1844d6300%1,8750%0.34

Mar 19135d209+6%448+3%0.47

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

Positioning

Linked exposure

scenario · straddle±3.9%

Funds 4

XLU±0.1%

REVS±0.0%

RSP±0.0%

VIG±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

15.11%as filednet margin · revenue −3.86% QoQ · −5.81% YoY

Revenue

$2.1B−3.86% QoQ

Gross profit

$1.0B−5.18% QoQ

49.00% margin

Operating income

$459M−13.72% QoQ

21.94% margin

Pre-tax income

$368M−11.96% QoQ

Net income

$316M−11.73% QoQ

15.11% margin

Cost of revenue

$1.1B−2.56% QoQ

Operating expenses

$566M+3.10% QoQ

Depreciation $420M

Other operating $146M

Other expense

$91M

Tax

$52M−13.33% QoQ

Revenue$2.1B−3.86%

Gross profit

$1.0B−5.18%

49.00% margin

Operating income

$459M−13.72%

21.94% margin

Pre-tax income

$368M−11.96%

Net income

$316M−11.73%

15.11% margin

Cost of revenue

$1.1B−2.56%

Operating expenses

$566M+3.10%

Depreciation $420M

Other operating $146M

Other expense

$91M

Tax$52M−13.33%

flow · deduction · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 18:30 ET

Intraday

Event sensitivity

PCE ×1.22· ±1.1% vs ±0.9% · 20 releases

eventrelease day|move|up · n×base

PCEpersonal income & outlays±1.1%14 of 20×1.22

GDPgross domestic product±0.9%12 of 20×1.03

FOMCrate decision±0.9%8 of 24×1.00

CPROFcorporate profits±0.8%5 of 12×0.97

PPIproducer prices±0.8%4 of 11×0.91

NFPjobs report±0.7%9 of 10×0.86

CPIconsumer prices±0.7%6 of 11×0.84

Bar = avg |move| to ±2% · tick = ±0.9% avg day · ×base = |move| ÷ ±0.9% · min 6 releases

Earnings history

EPS 1.13 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Jul 30 '26 · confirmed	1.13	—
Q1 FY26	May 5 '26 · confirmed	1.28	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod