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

Implied ±1.7%, either direction.

How often does Constellation Energy move more than the options market prices?

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

CEGNasdaqElectric Services

Constellation Energy Corp (CEG) earnings date, market-implied expected move, and options open interest by expiry

263.27

+6.02 · +2.34%

post 264.60 +0.51%

After hours18:13 ETdelayed

Open259.30Volume2.8MMkt cap$93.3BP/E26.93Div yield0.63%

Day258.70 – 267.0271%52-wk228.28 – 379.1024%

CEG

Constellation Energy Corp

OpenVolumeMkt capP/EEPSDiv yield

Day – 52-wk –

Expected move

Inputs

±1.7%implied · report alone

8Q avg ±4.7%·×0.36·cheap

258.93267.87

straddle ±4.5%

spot 263.40exp Nov 6ATM strike 262.5ATM straddle 13.90IV 73%

Nov 3 closereport share · term structure

Expected move

Inputs

Next report

Nov 6

before open · in 3 days

est.Q3 FY26

Calendar

Next report

Last report

−1.52%

vs ±5.2% implied · ×0.29

shaded = implied · ▲▼ = realized

Aug 6 '26 · confirmed

Implied vs realized

Linked news

1dAHRT · supplierAH Realty Trust posts Q3 FFO, as adjusted $0.16; raises 2026 FFO, as adjusted to $0.57 to $0.59

News

Largest filed tie

13F top-10 QoQ

−4.46%

shares held · 10 largest managers

13F · Jun 30 '26126d lag

1,874 managers

Top fund weight

5.59%

CEG weight · XLU

N-PORTJun 30 '26

10 funds

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

Constellation Energy (CEG) is expected to report on Nov 6 before open (estimated date).

Implied vs realized

8 reports

3 of 8≥ implied

avg implied: ±5.8%
avg realized: ±4.7%

Nov 4 '24Nov 4 '24confirmed±8.0%▼−12.46%×1.57

Feb 18 '25Feb 18 '25confirmed±3.9%▲+2.62%×0.67

May 6 '25May 6 '25confirmed±6.3%▲+10.29%×1.64

Aug 7 '25Aug 7 '25confirmed±5.8%▼−0.61%×0.10

Q3 FY25Nov 7 '25confirmed±5.0%▲+2.02%×0.40

Q1 FY26Feb 24 '26confirmed±5.9%▲+6.41%×1.09

May 11 '26May 11 '26confirmed±6.1%▼−1.30%×0.21

Q2 FY26Aug 6 '26confirmed±5.2%▼−1.52%×0.29

quarterimplied−15%0+15%realized×

Q2 FY26±5.2%▼−1.52%×0.29

May '26±6.1%

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

Implied vs realized

Positioning

OI · 11 expiries · Nov 2 close

0.69OI · 11 expiries · Nov 2 closeP/C open interest · Nov 6 · first expiry after the report

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

2,940+24%Nov 63d4,274+17%

1,670+12%Nov 1310d0.722,317+2%0.72

34,351−2%Nov 2017d2.0716,631+1%2.07

535+2%Nov 2724d0.85631+20%0.85

4,147+1%Dec 431d60.9968+100%60.99

6 later expiries

18+64%Dec 1138d3.605+150%3.60

11,942+1%Dec 1845d1.12

ExpiryPutsCallsP/C

Nov 63d2,940+24%4,274+17%0.69

Nov 1310d1,670+12%2,317+2%0.72

Nov 2017d34,351−2%16,631+1%2.07

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

Positioning

Linked exposure

scenario · straddle±4.5%

Funds 4

XLU±0.3%

QQQ±0.0%

VTV±0.0%

RSP±0.0%

Dashed = straddleMethod 2 more funds Source: SEC filings · N-PORT · market data

Linked exposure

Revenue flow

as filedQ2 FY26

6.77%as filednet margin · revenue −32.53% QoQ · +23.00% YoY

Revenue

$7.5B−32.53% QoQ

Gross profit

$3.5B+16.42% QoQ

46.39% margin

Operating income

$580M−75.13% QoQ

7.73% margin

Pre-tax income

$900M−57.65% QoQ

Net income

$508M−68.31% QoQ

6.77% margin

Cost of revenue

$4.0B−50.53% QoQ

Operating expenses

$2.9B+340.88% QoQ

SG&A $2.3B

Depreciation $443M

Other operating $207M

Tax

$398M−24.91% QoQ

Other income

$320M+254.59% QoQ

Revenue$7.5B−32.53%

Gross profit

$3.5B+16.42%

46.39% margin

Operating income

$580M−75.13%

7.73% margin

Pre-tax income

$900M−57.65%

Net income

$508M−68.31%

6.77% margin

Cost of revenue

$4.0B−50.53%

Operating expenses

$2.9B+340.88%

SG&A $2.3B

Depreciation $443M

Other operating $207M

Other income$320M+254.59%

Tax$398M−24.91%

flow · deduction · inflow · signed % = QoQSource: SEC filings · standardized · QE Jun 30 '26 · width = $

Revenue flow

Intraday

15m bars

Long dash = implied range · Nov 3 close · Hatch = extended hours · ▯ up · ▮ down · bars = volume, 15mSource: market data · 18:00 ET

Intraday

Event sensitivity

NFP ×1.36· ±3.1% vs ±2.3% · 10 releases

eventrelease day|move|up · n×base

NFPjobs report±3.1%6 of 10×1.36

GDPgross domestic product±2.6%11 of 19×1.14

CPIconsumer prices±2.5%4 of 10×1.11

FOMCrate decision±2.2%13 of 24×0.98

PPIproducer prices±2.2%5 of 10×0.95

CPROFcorporate profits±1.9%5 of 12×0.83

PCEpersonal income & outlays±1.7%10 of 19×0.76

Bar = avg |move| to ±4% · tick = ±2.3% avg day · ×base = |move| ÷ ±2.3% · min 6 releases

Earnings history

EPS — · consensus —

Quarter	Reported	EPS	Consensus
Q2 FY26	Aug 6 '26 · confirmed	—	—
Q1 FY26	Feb 24 '26 · confirmed	—	—
Q3 FY25	Nov 7 '25 · confirmed	—	—

Source: filed financials

Methodology

ties · implied moves · holdersMethod