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

Implied ±28.1%, either direction · provisional.

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

1 of the last 6 reports moved at least as far as the implied move.

CBLLNasdaqElectromedical & Electrotherapeutic Apparatus

Ceribell, Inc. (CBLL) earnings date, market-implied expected move, and options open interest by expiry

28.27

+1.31 · +4.85%

post 25.00 −11.56%

After hours17:45 ETdelayed

Open26.92Volume912,651Mkt cap$1.0BEPS-1.75

Day23.94 – 28.5723%52-wk10.85 – 28.1982%

CBLL

Ceribell, Inc.

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±28.1%implied · straddle

20.3236.22

spot 28.27exp Mar 19ATM strike 30ATM straddle 9.35IV 67%

Nov 3 closeprovisionalthin chain

Expected move

Inputs

Next report

Feb 23

after close · in 112 days

est.Q4 FY26

Calendar

Next report

Last report

Nov 3

after close

confirmedQ3 FY26

Implied vs realized

Largest filed tie

filed ties

13F top-10 QoQ

+2.44%

shares held · 10 largest managers

13F · Jun 30 '26127d lag

122 managers

Top fund weight

0.02%

CBLL weight · IWM

N-PORTJun 30 '26

3 funds

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

Ceribell (CBLL) is expected to report on Feb 23 after close (estimated date).

Implied vs realized

8 reports

1 of 6≥ implied

avg implied: ±15.5%
avg realized: ±10.2%

Nov 12 '24Nov 12 '24confirmed—▼−3.36%—

Feb 25 '25Feb 25 '25confirmed—▼−1.33%—

May 8 '25May 8 '25confirmed±10.3%▼−6.61%×0.64

Aug 5 '25Aug 5 '25confirmed±18.0%▼−15.25%×0.85

Q3 FY25Nov 4 '25confirmed±25.4%▲+7.88%×0.31

Q1 FY26Feb 24 '26confirmed±13.4%▼−4.77%×0.36

May 11 '26May 11 '26confirmed±13.1%▼−16.50%×1.26

Q2 FY26Aug 10 '26confirmed±13.1%▲+10.41%×0.80

quarterimplied−30%0+30%realized×

Q2 FY26±13.1%▲+10.41%×0.80

May '26±13.1%

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

Implied vs realized

Positioning

OI · 3 expiries · Nov 2 close

0.01OI · 3 expiries · Nov 2 closeP/C open interest · Mar 19 · first expiry after the report

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

90%Nov 2017d0.081110%0.08

30%Dec 1845d0.02121+2%0.02

report · Feb 23 · after close · est.

40%Mar 19136d2730%

ExpiryPutsCallsP/C

Nov 2017d90%1110%0.08

Dec 1845d30%121+2%0.02

report · Feb 23 · after close · est.

Mar 19136d40%

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

Positioning

Linked exposure

scenario · straddle±28.1%

Funds 3

IWM±0.0%

UWM±0.0%

VTI±0.0%

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

Linked exposure

Revenue flow

as filedQ3 FY26

−72.77%as filednet margin · revenue +4.43% QoQ · +29.89% YoY

Revenue$29M+4.43%

Gross profit$26M89.77%+1.55%

Operating income−$21M−70.03%−2.84%

Pre-tax income−$21M−10.81%

Net income−$21M−72.77%−10.81%

Cost of revenue$3M+39.00%

Operating expenses$47M+2.11%

Tax$0—

Other expense−$803,000−212.62%

Source: SEC filings · standardized · QE Sep 30 '26 · bars = % of revenue

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ downSource: market data · 17:45 ET

Intraday

Event sensitivity

CPI ×1.36· ±3.5% vs ±2.6% · 10 releases

eventrelease day|move|up · n×base

CPIconsumer prices±3.5%3 of 10×1.36

FOMCrate decision±2.9%5 of 16×1.12

PPIproducer prices±2.6%6 of 10×1.00

GDPgross domestic product±2.3%9 of 19×0.90

CPROFcorporate profits±2.3%5 of 12×0.88

PCEpersonal income & outlays±2.1%6 of 19×0.81

NFPjobs report±1.3%5 of 10×0.50

Bar = avg |move| to ±4% · tick = ±2.6% avg day · ×base = |move| ÷ ±2.6% · min 6 releases

Earnings history

EPS -0.55 · consensus —

Quarter	Reported	EPS	Consensus
Q3 FY26	—	-0.55	—
Q2 FY26	Aug 10 '26 · confirmed	-0.51	—
Q1 FY26	Feb 24 '26 · confirmed	-0.52	—
Q3 FY25	Nov 4 '25 · confirmed	-0.37	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod