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

Implied ±36.2%, either direction · provisional.

How often does Biohaven move more than the options market prices?

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

BHVNNYSEPharmaceutical Preparations

Biohaven Ltd. (BHVN) earnings date, market-implied expected move, and options open interest by expiry

15.84

+0.23 · +1.49%

Regular session09:55 ET

Open15.76Volume2.6MMkt cap$2.3BEPS-3.76

Day15.43 – 15.9777%52-wk7.48 – 18.2478%

BHVN

Biohaven Ltd.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±36.2%implied · straddle

9.9621.26

spot 15.61exp Mar 19ATM strike 16ATM straddle 6.65IV 88%

Nov 3 closeprovisionalthin chain

Expected move

Inputs

Next report

Mar 8

after close · in 124 days

est.Q4 FY26

Calendar

Next report

Last report

−6.49%

vs ±14.7% implied · ×0.44

shaded = implied · ▲▼ = realized

Oct 29 '26 · confirmed

Implied vs realized

Linked news

17hPFE · supplierPfizer names Cecile Guegan CFO; $1,300,000 base, $1,300,000 target incentive
5dREGN · supplierRegeneron reports Q3 net income $1,948.7 million, revenues $5,115.8 million
5dBMY · supplierBristol Myers Squibb posts Q3 net earnings $2,162 million, diluted EPS $1.05, revenue $13,069 million

News

Largest filed tie

13F top-10 QoQ

+26.31%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

296 managers

Top fund weight

0.53%

BHVN weight · XBI

N-PORTJun 30 '26

3 funds

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

Biohaven (BHVN) is expected to report on Mar 8 after close (estimated date).

Implied vs realized

8 reports

0 of 8≥ implied

avg implied: ±13.2%
avg realized: ±4.3%

Mar 3 '25Mar 3 '25confirmed±13.2%▼−2.15%×0.16

May 12 '25May 12 '25confirmed±9.8%▼−5.11%×0.52

Aug 11 '25Aug 11 '25confirmed±10.9%▲+0.45%×0.04

Q3 FY25Nov 10 '25confirmed±14.4%▼−5.69%×0.39

Q1 FY26Mar 2 '26confirmed±17.6%▼−9.65%×0.55

May 4 '26May 4 '26confirmed±13.2%▼−4.24%×0.32

Q2 FY26Aug 10 '26confirmed±12.2%▼−0.34%×0.03

Q3 FY26Oct 29 '26confirmed±14.7%▼−6.49%×0.44

quarterimplied−20%0+20%realized×

Q3 FY26±14.7%▼−6.49%×0.44

Q2 FY26±12.2%

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

Implied vs realized

Positioning

OI · 6 expiries · Oct 30 close

0.04OI · 6 expiries · Oct 30 closeP/C open interest · Mar 19 · first expiry after the report

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

2 nearer expiries

2,791−1%Nov 2016d1.392,011+14%1.39

3,529−1%Dec 1844d0.389,242+8%0.38

1,799+5%Jan 1572d0.1018,392+1%0.10

29—Feb 19107d0.09314+528%0.09

ExpiryPutsCallsP/C

2 nearer expiries

Nov 2016d2,791−1%2,011+14%1.39

Dec 1844d3,529−1%9,242+8%0.38

Jan 1572d1,799+5%18,392

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

Positioning

Linked exposure

scenario · straddle±36.2%

Funds 3

XBI±0.2%

IWM±0.0%

UWM±0.0%

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

Linked exposure

Revenue flow

No filed income statement.

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 09:45 ET

Intraday

Event sensitivity

GDP ×1.39· ±4.7% vs ±3.4% · 19 releases

eventrelease day|move|up · n×base

GDPgross domestic product±4.7%11 of 19×1.39

FOMCrate decision±4.5%12 of 24×1.33

PPIproducer prices±4.3%5 of 10×1.28

CPROFcorporate profits±4.1%7 of 12×1.23

PCEpersonal income & outlays±3.9%10 of 19×1.17

NFPjobs report±2.4%3 of 10×0.72

CPIconsumer prices±1.9%3 of 10×0.58

Bar = avg |move| to ±5% · tick = ±3.4% avg day · ×base = |move| ÷ ±3.4% · min 6 releases

Earnings history

EPS -0.86 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	Oct 29 '26 · confirmed	-0.86	—
Q2 FY26	Aug 10 '26 · confirmed	-0.91	—
Q1 FY26	Mar 2 '26 · confirmed	-0.88	—
Q3 FY25	Nov 10 '25 · confirmed	-1.64	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod