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

Implied ±9.6%, either direction.

How often does Aviat Networks move more than the options market prices?

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

AVNWNasdaqRadio & Tv Broadcasting & Communications Equipment

Aviat Networks, Inc. (AVNW) earnings date, market-implied expected move, and options open interest by expiry

20.07

−0.05 · −0.24%

post 19.89 −0.90%

Closed15:59 ET

Open20.05Volume114,585Mkt cap$254.8MP/E99.45EPS0.20

Day19.89 – 20.200%52-wk13.92 – 27.0246%

AVNW

Aviat Networks, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±9.6%implied · report alone

8Q avg ±12.1%·×0.79·cheap

17.9921.81

straddle ±14.2%

spot 19.90exp Nov 20ATM strike 20ATM straddle 3.33IV 100%

Nov 4 closereport share · term structurethin chain

Expected move

Inputs

Next report

Nov 5

after close · in 1 day

est.Q1 FY27

Calendar

Next report

Last report

+2.53%

vs ±15.4% implied · ×0.16

shaded = implied · ▲▼ = realized

Aug 27 '26 · confirmed

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+6.17%

shares held · 10 largest managers

13F · Jun 30 '26128d lag

123 managers

Top fund weight

0.01%

AVNW weight · IWM

N-PORTJun 30 '26

3 funds

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

Aviat Networks (AVNW) is expected to report on Nov 5 after close (estimated date).

Implied vs realized

8 reports

2 of 8≥ implied

avg implied: ±14.4%
avg realized: ±12.1%

Feb 4 '25Feb 4 '25confirmed±14.4%▲+28.22%×1.96

May 6 '25May 6 '25confirmed±16.3%▲+4.63%×0.28

Aug 27 '25Aug 27 '25confirmed±12.0%▲+1.26%×0.11

Sep 10 '25Sep 10 '25confirmed±14.6%▲+12.72%×0.87

Nov 4 '25Nov 4 '25confirmed±14.1%▲+0.37%×0.03

Q2 FY26Feb 3 '26confirmed±14.7%▲+14.00%×0.95

Q3 FY26May 4 '26confirmed±14.0%▼−33.35%×2.39

Q4 FY26Aug 27 '26confirmed±15.4%▲+2.53%×0.16

quarterimplied−35%0+35%realized×

Q4 FY26±15.4%▲+2.53%×0.16

Q3 FY26±14.0%

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

0.29OI · 3 expiries · Nov 4 closeP/C open interest · Nov 20 · first expiry after the report

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

810%Nov 2016d279+2%

10%Dec 1844d0.01198+5%0.01

382+21%Jan 1572d0.291,3110%0.29

ExpiryPutsCallsP/C

Nov 2016d810%279+2%0.29

Dec 1844d10%198+5%0.01

Jan 1572d382+21%1,3110%0.29

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

Positioning

Linked exposure

scenario · straddle±14.2%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

derived from FYQ4 FY26

−1.06%derived from FYnet margin · revenue +20.88% QoQ · +4.81% YoY

Revenue$121M+20.88%

Gross profit$37M30.81%+27.19%

Operating income$6M4.82%+520.02%

Pre-tax income$5M+312.26%

Net income−$1M−1.06%+38.21%

Cost of revenue$84M+18.27%

Operating expenses$31M+10.86%

Tax$6M+2631.56%

Other expense−$921,000+71.64%

Derived: FY − Q1–Q3 · QE Jul 3 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 4 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 15:45 ET

Intraday

Event sensitivity

NFP ×1.22· ±2.6% vs ±2.1% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±2.6%5 of 10×1.22

CPIconsumer prices±2.3%6 of 10×1.06

GDPgross domestic product±2.2%8 of 19×1.05

FOMCrate decision±2.1%13 of 24×0.96

PCEpersonal income & outlays±2.0%10 of 19×0.94

PPIproducer prices±1.3%6 of 10×0.59

CPROFcorporate profits±1.0%5 of 12×0.47

Bar = avg |move| to ±3% · tick = ±2.1% avg day · ×base = |move| ÷ ±2.1% · min 6 releases

Earnings history

EPS -0.10 · consensus —

Quarter	Reported	EPS	Consensus
Q4 FY26	Aug 27 '26 · confirmed	-0.10	—
Q3 FY26	May 4 '26 · confirmed	-0.16	—
Q2 FY26	Feb 3 '26 · confirmed	0.44	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod