Dutch Bros Inc. · Brief

Next report

4 days

Nov 4 · after closeest.Q3 FY26

Expected move

±9.3%implied · report alone

38.9046.84

straddle ±10.8%

spot 42.87exp Nov 6ATM strike 43ATM straddle 5.43IV 114%

Oct 30 closereport share · term structure

Expected move

—≥ implied

Q2 FY26—▼−18.79%—

quarterimplied−20%0+20%realized×

Q2 FY26—▼−18.79%—

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

Nov 4 report · est.

Bull2 of 3

4disclosed supplier and customer ties in SEC filingsSEC filings

3tracked funds holding the companyN-PORT · Jul 31 '26

Bear1

12 of 25of the largest reporting managers cut their stake in the latest quarter13F · Jun 30 '26

AI captions · Oct 26 '26once per report · top 2 per case

BROS report session

No linked exposure.

Oct 22impliedImplied move: ±11.7% into Nov 4 earnings (Oct 22 close).Source

privateThesis 0 · Decisions 0 · Observations 0

No thesis.