What move does the options market price into Armstrong World Industries's report?

Implied ±11.9%, either direction · provisional.

AWINYSEPlastics Products, NEC

Armstrong World Industries Inc (AWI) earnings date, market-implied expected move, and options open interest by expiry

165.43

−0.52 · −0.32%

post 164.01 −0.86%

Closed19:26 ET

Open166.00Volume616,106Mkt cap$7.0BP/E21.75EPS7.54Div yield0.82%

Day164.01 – 167.000%52-wk150.00 – 204.8226%

AWI

Armstrong World Industries Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±11.9%implied · straddle

146.58186.10

spot 166.34exp Mar 19ATM strike 165ATM straddle 23.25IV 29%

Oct 30 closeprovisional

Expected move

Inputs

Next report

Feb 23

before open · in 115 days

est.Q4 FY26

Calendar

Next report

Last report

−5.74%

vs ±6.8% implied · ×0.84

shaded = implied · ▲▼ = realized

Oct 27 '26 · confirmedthin chain

Implied vs realized

Linked news

21dHD · customer/C O R R E C T I O N -- The Home Depot/
37dLOW · customerLowe's is launching a drone delivery service in partnership with DoorDash, Alphabet

News

Largest filed tie

13F top-10 QoQ

+3.41%

shares held · 10 largest managers

13F · Jun 30 '26123d lag

474 managers

Top fund weight

0.01%

AWI weight · VTI

N-PORTJun 30 '26

2 funds

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

Armstrong World Industries (AWI) is expected to report on Feb 23 before open (estimated date).

Implied vs realized

2 reports

—≥ implied

Q2 FY26Jul 28 '26confirmed—▲+8.13%—

Q3 FY26Oct 27 '26confirmed±6.8%thin chain▼−5.74%×0.84

quarterimplied−10%0+10%realized×

Q3 FY26±6.8%▼−5.74%×0.84

Q2 FY26—

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

Implied vs realized

Positioning

OI · 3 expiries · Oct 26 close

0.65OI · 3 expiries · Oct 26 closeP/C open interest · Mar 19 · first expiry after the report

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

610%Nov 2020d0.481260%0.48

1410%Dec 1848d0.245960%0.24

report · Feb 23 · before open · est.

1030%Mar 19139d1590%

ExpiryPutsCallsP/C

Nov 2020d610%1260%0.48

Dec 1848d1410%5960%0.24

report · Feb 23 · before open · est.

Mar 19139d1030%

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

Positioning

Linked exposure

scenario · straddle±11.9%

Funds 2

VTI±0.0%

VT±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

19.31%as filednet margin · revenue +0.81% QoQ · +11.90% YoY

Revenue

$476M+0.81% QoQ

Gross profit

$191M−2.21% QoQ

40.08% margin

Operating income

$131M−1.94% QoQ

27.57% margin

Pre-tax income

$124M−1.97% QoQ

Net income

$92M−4.96% QoQ

19.31% margin

Cost of revenue

$285M+2.92% QoQ

Operating expenses

$60M−2.78% QoQ

Other expense

$7M

Tax

$33M+7.62% QoQ

Revenue$476M+0.81%

Gross profit

$191M−2.21%

40.08% margin

Operating income

$131M−1.94%

27.57% margin

Pre-tax income

$124M−1.97%

Net income

$92M−4.96%

19.31% margin

Cost of revenue

$285M+2.92%

Operating expenses

$60M−2.78%

Other expense

$7M

Tax$33M+7.62%

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

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 19:15 ET

Intraday

Event sensitivity

FOMC ×1.06· ±1.2% vs ±1.2% · 24 releases

eventrelease day|move|up · n×base

FOMCrate decision±1.2%8 of 24×1.06

NFPjobs report±1.2%6 of 10×1.04

PPIproducer prices±1.1%4 of 11×0.96

PCEpersonal income & outlays±1.0%8 of 19×0.90

CPIconsumer prices±1.0%6 of 11×0.83

GDPgross domestic product±1.0%10 of 19×0.82

CPROFcorporate profits±0.7%6 of 12×0.60

Bar = avg |move| to ±2% · tick = ±1.2% avg day · ×base = |move| ÷ ±1.2% · min 6 releases

Earnings history

EPS 2.17 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 27 '26 · confirmed	2.17	—
Q2 FY26	Jul 28 '26 · confirmed	2.26	—
Q1 FY26	—	1.55	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod