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

Implied ±28.1%, either direction.

How often does Akebia Therapeutics move more than the options market prices?

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

AKBANasdaqPharmaceutical Preparations

Akebia Therapeutics, Inc. (AKBA) earnings date, market-implied expected move, and options open interest by expiry

0.72

0.00 · −0.55%

Regular session10:36 ET

Open0.73Volume4.8MMkt cap$196.3MEPS-0.11

Day0.72 – 0.750%52-wk0.54 – 2.2211%

AKBA

Akebia Therapeutics, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±28.1%implied · report alone

8Q avg ±15.0%·×1.88·rich

0.520.93

straddle ±35.1%

spot 0.73exp Nov 20ATM strike 0.5ATM straddle 0.30IV 224%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 9

before open · in 5 days

est.Q3 FY26

Calendar

Next report

Last report

−26.02%

vs ±35.9% implied · ×0.73

shaded = implied · ▲▼ = realized

Aug 5 '26 · confirmed

Implied vs realized

Linked news

3hQTTB · supplierQ32 Bio posts net loss of $8,922 thousand for Q3; cash $289,587 thousand
18hDVA · customerDaVita Inc. to Participate in Upcoming Investor Conferences
34dCAH · supplierCardinal Health Enters into Binding Letter of Intent to Extend Pharmaceutical Distribution Agreements with CVS Health

News

Largest filed tie

13F top-10 QoQ

+17.66%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

170 managers

Top fund weight

0.01%

AKBA weight · IWM

N-PORTJun 30 '26

3 funds

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

Akebia Therapeutics (AKBA) is expected to report on Nov 9 before open (estimated date).

Implied vs realized

8 reports

1 of 8≥ implied

avg implied: ±20.7%
avg realized: ±15.0%

Nov 7 '24Nov 7 '24confirmed±10.6%▼−6.75%×0.64

Mar 13 '25Mar 13 '25confirmed±14.7%▼−12.44%×0.84

May 8 '25May 8 '25confirmed±12.4%▲+6.50%×0.52

Aug 7 '25Aug 7 '25confirmed±30.2%▼−20.48%×0.68

Q3 FY25Nov 10 '25confirmed±20.4%▼−18.14%×0.89

Q1 FY26Feb 26 '26confirmed±27.1%▲+9.09%×0.34

May 7 '26May 7 '26confirmed±14.2%▼−20.27%×1.43

Q2 FY26Aug 5 '26confirmed±35.9%▼−26.02%×0.73

quarterimplied−40%0+40%realized×

Q2 FY26±35.9%▼−26.02%×0.73

May '26±14.2%

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

Implied vs realized

Positioning

OI · 4 expiries · Oct 30 close

0.03OI · 4 expiries · Oct 30 closeP/C open interest · Nov 20 · first expiry after the report

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

13+8%Nov 2016d373+26%

1100%Dec 1844d0.11993+9%0.11

3,1990%Jan 1572d0.2015,8360%0.20

5050%Apr 16163d0.62813+3%0.62

ExpiryPutsCallsP/C

Nov 2016d13+8%373+26%0.03

Dec 1844d1100%993+9%0.11

Jan 1572d3,1990%15,8360%0.20

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

Positioning

Linked exposure

scenario · straddle±35.1%

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

−18.13%as filednet margin · revenue −8.25% QoQ · −21.36% YoY

Revenue$49M−8.25%

Gross profit$39M78.78%−6.18%

Operating income−$6M−12.88%−34.71%

Pre-tax income−$9M+1.01%

Net income−$9M−18.13%+1.61%

Cost of revenue$10M−15.18%

Operating expenses$45M−2.00%

Tax$70,000−44.44%

Other expense−$3M+40.64%

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 · 10:30 ET

Intraday

Event sensitivity

FOMC ×1.41· ±4.6% vs ±3.3% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±4.6%14 of 24×1.41

CPIconsumer prices±3.1%6 of 10×0.95

CPROFcorporate profits±2.8%7 of 12×0.84

GDPgross domestic product±2.7%12 of 19×0.82

NFPjobs report±2.6%5 of 10×0.79

PCEpersonal income & outlays±2.4%11 of 19×0.72

PPIproducer prices±2.1%2 of 10×0.64

Bar = avg |move| to ±5% · tick = ±3.3% avg day · ×base = |move| ÷ ±3.3% · min 6 releases

Earnings history

EPS -0.03 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 5 '26 · confirmed	-0.03	—
Q1 FY26	Feb 26 '26 · confirmed	-0.03	—
Q3 FY25	Nov 10 '25 · confirmed	0.00	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod