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

Implied ±5.6%, either direction.

How often does Best Buy move more than the options market prices?

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

BBYNYSERetail-Radio, Tv & Consumer Electronics Stores

Best Buy Co Inc (BBY) earnings date, market-implied expected move, and options open interest by expiry

95.62

−4.78 · −4.76%

post 95.62 0.00%

Closed16:00 ET

Open100.50Volume4.1MMkt cap$20.1BP/E15.86EPS6.03Div yield4.00%

Day94.33 – 101.2219%52-wk53.81 – 100.5889%

BBY

Best Buy Co Inc

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±5.6%implied · report alone

8Q avg ±7.7%·×0.73·cheap

90.27101.03

straddle ±9.2%

spot 95.65exp Nov 27ATM strike 96ATM straddle 10.40IV 49%

Oct 30 closereport share · term structure

Expected move

Inputs

Next report

Nov 24

before open · in 23 days

est.Q3 FY27

Calendar

Next report

Last report

−4.44%

vs ±7.1% implied · ×0.62

shaded = implied · ▲▼ = realized

Aug 27 '26 · confirmed

Implied vs realized

Largest filed tie

14.00%

of Sonos revenue

supplierSONO 10-K

Supply chain

Largest filed tie

13F top-10 QoQ

+4.64%

shares held · 10 largest managers

13F · Jun 30 '26124d lag

881 managers

Top fund weight

0.38%

BBY weight · SCHD

N-PORTAug 31 '26

11 funds

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

Best Buy (BBY) is expected to report on Nov 24 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±7.2%
avg realized: ±7.7%

Nov 26 '24Nov 26 '24confirmed±8.3%▼−4.89%×0.59

Mar 4 '25Mar 4 '25confirmed±7.3%▼−13.30%×1.82

May 29 '25May 29 '25confirmed±6.6%▼−7.27%×1.11

Q2 FY26Aug 28 '25confirmed±7.1%▼−3.70%×0.52

Q3 FY26Nov 25 '25confirmed±6.5%▲+5.34%×0.82

Q4 FY26Mar 3 '26confirmed±8.0%▲+7.08%×0.88

Q1 FY27May 28 '26confirmed±6.3%▲+15.80%×2.50

Q2 FY27Aug 27 '26confirmed±7.1%▼−4.44%×0.62

quarterimplied−20%0+20%realized×

Q2 FY27±7.1%▼−4.44%×0.62

Q1 FY27±6.3%

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

Implied vs realized

Positioning

OI · 8 expiries · Oct 30 close

0.66OI · 8 expiries · Oct 30 closeP/C open interest · Nov 27 · first expiry after the report

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

2,766+3%Nov 65d1.232,255+5%1.23

353+10%Nov 1312d0.90394+23%0.90

8,838+2%Nov 2019d0.988,991+2%0.98

report · Nov 24 · before open · est.

415+47%Nov 2726d629+42%

17—Dec 433d0.8121—0.81

11,411+12%Dec 1847d1.318,7020%1.31

2 later expiries

11,155+2%Jan 1575d0.7514,856−2%0.75

5,0300%Mar 19138d1.13

ExpiryPutsCallsP/C

Nov 65d2,766+3%2,255+5%1.23

Nov 1312d353+10%394+23%0.90

Nov 2019d8,838+2%8,991+2%0.98

report · Nov 24 · before open · est.

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

Positioning

Linked exposure

scenario · straddle±9.2%

Funds 4

SCHD±0.0%

XLY±0.0%

REVS±0.0%

JEPI±0.0%

Suppliers 4

CRSR±6.8%×0.74

LOVE±5.1%×0.55

HPQ±4.5%×0.48

Dashed = straddle · × = co-movement · max 501dMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY27

3.22%as filednet margin · revenue +9.43% QoQ · +3.61% YoY

Revenue

$9.8B+9.43% QoQ

Gross profit

$2.3B+11.23% QoQ

23.91% margin

Operating income

$421M+13.78% QoQ

4.31% margin

Pre-tax income

$430M+13.76% QoQ

Net income

$315M+14.13% QoQ

3.22% margin

Cost of revenue

$7.4B+8.88% QoQ

Operating expenses

$1.9B+10.68% QoQ

Tax

$116M+13.73% QoQ

Other income

$9M+12.50% QoQ

Revenue$9.8B+9.43%

Gross profit

$2.3B+11.23%

23.91% margin

Operating income

$421M+13.78%

4.31% margin

Pre-tax income

$430M+13.76%

Net income

$315M+14.13%

3.22% margin

Cost of revenue

$7.4B+8.88%

Operating expenses

$1.9B+10.68%

Other income$9M+12.50%

Tax$116M+13.73%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Aug 1 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Oct 30 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 16:00 ET

Intraday

Event sensitivity

CPROF ×1.77· ±2.9% vs ±1.6% · 12 releases

eventrelease day|move|up · n×base

CPROFcorporate profits±2.9%7 of 12×1.77

GDPgross domestic product±2.5%9 of 19×1.55

PCEpersonal income & outlays±2.1%9 of 19×1.30

CPIconsumer prices±1.6%6 of 10×0.97

NFPjobs report±1.5%8 of 10×0.91

PPIproducer prices±1.5%6 of 10×0.89

FOMCrate decision±1.2%10 of 24×0.72

Bar = avg |move| to ±3% · tick = ±1.6% avg day · ×base = |move| ÷ ±1.6% · min 6 releases

Earnings history

EPS 1.48 · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY27	Aug 27 '26 · confirmed	1.48	—
Q1 FY27	May 28 '26 · confirmed	1.31	—
Q4 FY26	Mar 3 '26 · confirmed	2.61	—
Q3 FY26	Nov 25 '25 · confirmed	0.66	—

Methodology

ties · implied moves · holdersMethod