BUR as of Nov 2 · 05:10 ET

BURNYSEFinance Services

Burford Capital Ltd · Brief

Next report

2 days

Nov 4 · before openconfirmedQ3 FY26

Earnings

Expected move

Inputs

±32.3%implied · report alone

2.304.50

straddle ±33.7%

spot 3.40exp Nov 20ATM strike 2.5ATM straddle 1.35IV 203%

Oct 30 closereport share · term structure

Expected move

Inputs

Implied vs realized

8 reportsHistory

1 of 7≥ implied

avg implied: ±10.0%
avg realized: ±3.3%

Feb 24 '25±9.9%▲+0.32%×0.03

Mar 3 '25±7.4%▼−8.40%×1.13

May 7 '25±15.4%▲+1.30%×0.08

Aug 7 '25±6.1%▲+1.73%×0.28

Nov 5 '25±9.6%0.00%×0.00

Q1 FY26±11.8%▼−11.06%×0.94

May 8 '26±9.4%▼−0.39%×0.04

Q2 FY26—▲+0.70%—

quarterimplied−20%0+20%realized×

Q2 FY26—▲+0.70%—

May '26±9.4%▼−0.39%×0.04

Q1 FY26±11.8%▼−11.06%×0.94

Nov '25±9.6%0.00%×0.00

Aug '25±6.1%▲+1.73%×0.28

May '25±15.4%▲+1.30%×0.08

2 older reports

Mar '25±7.4%▼−8.40%×1.13

Feb '25±9.9%▲+0.32%×0.03

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

Bull & bear

Nov 4 report · confirmed

Bull2

237managers reporting a position in the latest quarterly filings13F · Jun 30 '26

+19.64%change in shares held by the ten largest reporting managers over the latest quarter13F · Jun 30 '26

Bear2

28managers whose positions together make up four fifths of the reported value13F · Jun 30 '26

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

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

Linked exposure

BUR report session

No linked exposure.

Latest changes

30 daysAll changes

Oct 26report dateEarnings date confirmed: Nov 4.Source

Oct 21impliedImplied move: ±24.1% into Nov 4 earnings (Oct 21 close).Source

Your note

privateThesis 0 · Decisions 0 · Observations 0

No thesis.