BETA Technologies, Inc. · Brief

Next report

33 days

Dec 3 · before openest.Q3 FY26

Expected move

±13.9%implied · report alone

17.2722.83

straddle ±20.1%

spot 20.05exp Dec 18ATM strike 20ATM straddle 4.75IV 82%

Oct 30 closereport share · term structure

Expected move

4 reportsHistory

—≥ implied

Q3 FY25±14.3%▲+1.15%×0.08

Q1 FY26±15.3%▲+11.94%×0.78

May 12 '26±11.0%▼−2.58%×0.23

Q2 FY26—▼−3.29%—

quarterimplied−20%0+20%realized×

Q2 FY26—▼−3.29%—

May '26±11.0%▼−2.58%×0.23

Q1 FY26±15.3%▲+11.94%×0.78

Q3 FY25±14.3%▲+1.15%×0.08

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

Dec 3 report · est.

Bull2 of 3

191managers reporting a position in the latest quarterly filings13F · Jun 30 '26

3tracked funds holding BETAN-PORT · Aug 31 '26

Bear2 of 4

27.00%of revenue from the largest disclosed customer U.S. governmentSEC filings

3 of 3recent reports where the move came in under the options implied rangeEarnings history

AI captions · Sep 28 '26once per report · top 2 per case

BETA report session

Customers 2

× = co-movement · max 240dSource: SEC filings · market data

No changes.

privateThesis 0 · Decisions 0 · Observations 0

No thesis.